Perhaps "this time IS different".... as Global macro seems irrelevant to markets. EURUSD has been pumping this week, even though EUROPE is apparently in a recession, as per the recent GDP numbers.
So long as Bulls can hold above the 4hr cloud/forecast lines, up is the name of the game, and 1.09 looks like the next "logical" target.
As always, good luck, have fun, and practice solid risk management.