I know this looks like fanta-forex analysis, but if the account size allow you to have a 12000 pips stop loss and the risk is not more than 2%, this is a nice setup to play.
T1 is at 1,1800 area that can still be tested during the recovery of the down move from april 2014 to lows.
You will not be stressed playing this one, you can watch the status of the trade every 2/3 months... :)
1. Inflation must be raised Draghi's words. By rising euro indirectly devaluates dollars for raising the inflation.
2. Every time fed rised rates there was a devaluation in several months. Could be a profits taking.
3. War against ISIS will benefit industry and consume.