We can see that the 100 day MA has crosses up thru the 200 day MA which should act as a bullish signal. Last time these moving average crossed was in Oct 2008, when the 100 crossed down thru the 200 for a 25 big figure move.
Unfortunately EUR moves at the moment can be whippy and building a long position here doesnt guarantee you wont be stopped on the downside before higher again. Look to average into your long position with a stop under 1.3800.
