Entry: 110.90 - bottom of potential W double bottom reversal pattern 1stleg retraced at this region.
SL: 20-25 pips from entry.
TP: 111.9 - tp @ 50 ema on hourly chart, could potentially hold for longer.
Some strong buy signals developing on the currently daily and 4 hour charts.
RSI is showing a healthy bounce with volume following a good defence by the bulls at the historic support level provided by the bottom at EUR6.24 in November 2017.
From a purely technical perspective I have decided this is strong enough to open a small long, with my target at the top of...