This currency pair is trending bearishly on the daily chart. The 1.2634 support level has been broken and price is heading towards the next support at 1.256, which may provide a temporary support if price reaches it.
15 Min Chart:
On the 15 Min Chart the pair is in a wave iii (Green). As expected the pair has broken the support and last leg wave v (Black) may conclude the wave (iii) Green.
Youtube: Elite CurrenSea