London session ahead will have to deal with half Europe closed on holidays, and no EUR macro data related at all, not even EZ sovereign debt auctions, and only UK unemployment figures coming out due at 08:30 GMT, which could bring volatility to the EUR/GBP cross. According to VIX, index that measures volatility in SP500 index put options, it is reading at a 5 year lows, which in some way shows how these markets are lacking movement as of late. European futures point to a lower open, according to Bloomberg.
Immediate support to the downside for EUR/USD shows at recent session and yesterday's lows/Friday's highs 1.2315, followed by June 01 lows/0.5 Fibo retrace of 1.2131/1.2442 up leg at 1.2286, and Aug 13 lows at 1.2260. For the upside, closest resistance comes at recent session highs 1.2330, followed by Aug 06 lows at 1.2340, and yesterday's/Thursday's highs at 1.2385.