The ECB meeting today will bring some volatility to the market; till then, EURUSD is falling down due to the strength of the USD.
The support rests at 1.21540 with resistance at 1.21960 which both lines are below the weekly pivot point at 1.23160. The EMA of 10 is moving with bearish bias in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in oversold area, the Stochastic is showing upward momentum and the MACD line is below the signal line in the negative territory. The ADX is not showing any clear signals.
The price will be moving between 1.21 and 1.225.

eurusd

eurusd