The German Employment report was disappointing Wednesday and drove the EURUSD and risk in general lower throughout the day.  The cross is testing significant support at 1.2405.  If this level is broken we could see a push towards the month lows at 1.2285.  Resistance begins at 1.2540.

Sup   1.2405

Res   1.2520

Plan:  Looking for a bounce on support at 1.2405.   Waiting for a 4hr confirmation.