Very Simply if you look back to the Daily Chart you will see the immense drop of above 2000 pips. Eur Has been strengthening slowly which is causing it to retrace.
Recently price has broken the 200 MA on the DAILY. This is a reliable sign to long this pair on pullbacks and breakout.

TAKE PROFIT AROUND 1.175 - 1.200 (Long Term)

Feragatname