Don't forget to put SELL STOP (pending order) below your support line (just in case that line gets broken). And put another sell stop around 1.095... Just to make sure you will not be late to take position if that level gets hit meanwhile. Don't miss to watch your trade's development in order to navigate your "time-machine" with the pending orders, in case some of them "turns from possibility into reality" ;-) Think upon that idea for some time.
If they don't "turn into reality", enjoy your trade in the range from your BUY order until the blue-level marked at 1.09589, and of course - you may decide to "kill" your sell-stop orders at any time, and also stop your BUY orders and take the financial result ;-)
Well, I thought it was obvious. First, the price touched a long time support. It made a double bottom there. Then started to rise and made a higher low. So, these three reasons are enough for me to buy.