The EURUSD has recently been building some support near the 1.23 area, maybe to try to go past the 1.25 area toward 1.30, presumably sometime in the upcoming weeks. I would wait for a more favorable stochastics and RSI which would definitively help it rally towards his target (last visited December 2014). Some resistance is to be expected near the 1.25 area but with the right amount of momentum, we may see it break past this level soon enough.