Last week showed a lot of weakness for this currency pair, Euro getting hammered down basically closing at the week's low. I expect this week to be the exact opposite. I still view the long-term trend bearishly but I am willing to bet that we are still to retrace higher a bit more before resuming the path and testing new grounds lower. Thus my idea of, in my opinion, a very safe and probabilistically profitable trade. This is what I see and I don't encourage you to put your money behind it unless you share the same view and of course, wish to do it. Happy trading.