Price is currently in a clear and obvious area of demand, an incredibly desirable area to be adding long positions in my opinion. That's exactly what I've done here (0.87300). There is a handful of support below my entry, with my SL well below the two previous daily lows. This pair has been bullish for the last week and I expect that to continue with the majority of retailers being short. 1:2 R:R.
Chart PatternsTrend Analysis

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