As the buck takes off EUR/USD looks like a soggy cat as it edges ever closer to the Jun 2010 support line at 1.2035 and 200 mma at 1.2224.
EUR/USD Monthly chart 18 12 2014
Under the 200 mma the next main support point is the 2005 trend line at 1.2110. Just ahead of that is the AUg 2012 low at 1.2133.
Mild resistance may come in at 1.2280 which was support until a moment ago and 1.2350 will be the stronger resistance
EUR/USD H4 chart 18 12 2014
