A fall is expected.
Assumingly, the third wave iii of C of the senior level continues forming. Locally, the first starting wave (i) and a correction in wave (ii) seem to have formed. If the assumption is correct and the price does not break out the critical level of 1.0122, the pair continues falling in the third wave towards 0.9500.
Trading tips
Sell the pair below the level of 1.0122 with the target at 0.9500.
Alternative scenario
The breakout and consolidation above the level of 1.0122 would allow the pair to grow to 1.0325.