A good short setup with a positive risk reward at clear resistance. An evening star reversal pattern followed by a bearish pinbar gives a strong entry into the sell, and the stop should be placed at the high of the pinbar at around 0.92860, and a target of 0.92425 gives a good 1:2 risk/reward trade.
Trend line support shows a nice uptrend along with horizontal support hinting in the same direction. The entry here is triggered with the bullish engulfing pattern but the Stochastic divergence is my main cause to take this trade. So many people shorting the Euro at the moment but i personally see no reason to sell from my analysis.