It seems that EUR/USD will take a pause before tomorrow's news. The price rests on the resistance of 1.2355, which most likely will not be broken today. Market participants are waiting for news on inflation, which will be released tomorrow. These news can have a strong influence and set the mood for further movement. Thus, I would not make hasty conclusions and open positions today. I think that the volatility will be lowered around the level of 1.2355, or the price will fall again to the border of the channel to 1.2237.