Any move above 1.1945 levels may create short term buying pressure and the currency pair may appreciate further to 1.2098 levels. And if it break above 1.2098 and holds that level for some time then we can expect EURUSD to appreciate further to 1.2538 levels.
Major Support and Resistance:
Resistance: 1.1853, 1.1905, 1.1945, 1.2098, 1.2538, 1.3618, 1.3903
Support: 1.1787, 1.1473, 1.0766, 1.0665, 1.0496, 1.0370, 0.9746, 0.9556
Trading with proper stop loss (may be in between 30-50 pips) depending upon the volatility will limit the trade risk exposure. Any trigger of stop indicates further revision of strategies as stop loss trigger can drag the prices further in the same direction of stop loss or a change in price direction. So one should be careful and should watch the prices for some time before taking any decision on such events.