The euro / dollar currency pair formed the "inner bar" candlestick pattern on the daily timeframe, based on a round resistance level of 1.2000, reinforced with a simple moving average line over 200 days.
The pair is corrected after a steady growth of almost 2000 points, while over the past 2 weeks EUR / USD has lost more than 4,000 points. The long range of correction is located at 1.2100, in the area of 38.2 Fibonacci.
After the appearance of signals about the completion of correction, you can look at sales. The nearest target is located on the 1.1900 line, the medium-term target is at 1.1800, the long-term one, in case of further downtrend development, at the level of 1.1600.