The eurusd is in a buy position : we notice a breakout of the down trend witch got retested in the retest area forming the right shoulder of a reversal head and shoulders pattern, there was a breakout of the neckline of the head and shoulders and now retesting the broken neckline so it is the perfect time to buy .
bear in mind that the price might retest this area again so cut a part of your profit when the price reaches the previous resistance around 1.18
if you enter here keep your stoploss and do not move it to the entry point as the eur will be subject to high volume trading due to the coming Draghi's speech about the quantitative easing.
Trade safe and good luck