EUR/USD is approaching the key level of 1.2250. Currently, there is no hint of bearish price action. So, sellers might want to switch to the lower time frames and look for bearish price action.
If bearish PA happens at this key level, then there is a good chance of a pullback to 1.21 level.
Note that, in case price breaks out strongly from the current 1.2250 level, then the next key level is near 1.24. So, sell only if there are formation of bearish candlesticks in the resistance level.