EURUSD IS SEEN TO BOUNCE BACK TO 1.2130 WHERE SELL ARISES AGAIN

Ater having a huge rally down from 1.2420 to 1.1960 Euro is seen to bounce back to 1.2130 (38% FIBO retracement), where I see a new trading possibility into selling down to 1.1970/25 area first and then possibly 1.1840 throughout the month (May).
Only penetrating the 1.2275 level cancels this view.