Keep in mind though, that the shorter trend is still . Seeing as the structure is still pretty far away, I would put a pretty tight stop on this one.
Still a good RR ratio of about 2:1 for the first target, and if we get a continuation there is still a lot of pips to be made if you feel like trailing your stop further after the second target is reached.
And the USD dollar will then need some sort of catalyst, elections won't be it, that will probably just weaken the greenback further. Will be fun to see how this plays out and what drives it.
This might look like a long term trade though, but the reason I posted this on the daily chart instead of 240 min is because I wanted to include the old support zone.