EU Potential Upside Movement

From a technical perspective, EU looks like its pushing some a swing upside before carrying on the downtrend we can see from higher tf's

Our daily key level of 1.2000 was tested and rejected, resulting in a minor hourly downtrend break,
Also we can see an inverted h&s formation created and this shoulder showed 4hr rejection to the key level
My personal bias is long on this pair, I already secured a small pip tp with the other running risk free
Due to NFP, SL in profit will be taking carefully.