EUR/USD has traded in 1.215 - 1.255 range this year, though most of the price action has been contained between 1.225 and 1.245. The pair is currently trading right at the 2017 - 2018 channel support, an important decision area. A break below would target 1.20 and 200 DMA. On the flipside, a break above 1.26 would be big and would target 1.30 initially.