Entry 1.7726 with the target being around 1.89
Looking at the weekly more is revealed for our long position. This price was the bottom in April of 2013. That is support 4 times now including the weekly chart.
Divergence can be seen here as well. RSI is climbing back up.
The 55 EMA and 100EMA has crossed the 200EMA This is a death cross. But when these things happen price retraces first before the next big drop where we will break through this bottom.