The EUR/USD pair is one of the most actively traded currency pair in forex trading. It is a very volatile currency pair to trade. The EUR/USD pair is linked to the US and the European economy. So, any announcement from the central banks like the Fed and the ECB are going to affect this pair. Also, the major economic releases like the non-farm payroll report from the US, interest rate announcement from the ECB, etc. will move this pair significantly.
So, you need to watch the economic calendar for the release of these economic figures before they are released. For example, look at the EUR/USD chart. You can add the Bollinger Bands indicator to this chart to gauge volatility. As you can see, whenever the prices are stretched, it has a tendency to reverse to the mean. Trend line is another technical analysis tool that you can use to identify trends. You can also use channels. You will find plenty of trading opportunities with this pair if you apply the right trading strategy according to market conditions. For example, you can use the stochastic oscillator when the market is range bound.
Try to trade in the direction of the trend. Remember to use stop-loss for your entries.