Yesterday, Eur established a hourly support around the zone 1.1845-1.1834, and could not penetrate below it. Today, I expect Eur to trade within a tight range, not going above the hourly resistance 1.1939 or the hour support line 1.1836. A break out of this range will call for breakout trading depending on the direction of breakout. As it on the chart above, intraday traders should be more into buy position with a take profit at 1.1935, if the price breaks above this take profit, then further rise towards 1.20 is expected.
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