EUR/USD has formed a short term bottom around 1.2350 and any further weakness can be seen only below 1.2350. The break of 1.2350 will take the pair to 1.2280/1.2200.The EUR/USD temporary resistance is around 1.2535 and any break of resistance will reach 1.2602/1.2630 in short term.
EUR/USD is in consolidation phase with mild upside bias is seen for the test of 1.2600 (Nov 19th high).