EURUSD is moving within a bullish trend channel in the short term which is supported by a 55-hour moving average. But today, the price failed to create a higher top. This may be a sign of weakness and the probability of a failing trend has increased.
As long as the trend channel holds, a move to 1.1910 can be expected but a breakout to the downside may give a selling opportunity. 1.1795 is major support for the short term which can be followed as a target for downside moves.
