Following positive consumer and industrial confidence reports , business climate and industrial sentiment gives us a strong fundamental positive outlook on EUR. On the technical line we have multiple confirmations 1-Daily and 1H MA match 2-RSI 6 below 20 3-Price rejecting 3rd touch trend line plus previous high test in/between MA`s 4-Price rejecting 0.5 Fib retracement from last significant low 5-Good risk-reward probability 2:1