Keeping it simple on this long here - targeting 1.12 or higher - I am expecting some dollar weakness short term here and EURO going higher - lots of news this week going to rock the markets.
I like the bullish divergence between 3 and 5 - along with the ascending trend line that started when the euro bottomed in Oct 2019 - I see no reason why I should not risk capital on this long trade.
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This will be playing out for several days
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Neckline forming
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Ok that Doji the support may hold here if we have a clean break - I will look for a well planned revenge trade I am bearish US DOLLAR right now - just technical.