The thought process behind this trade is simple. Investors are coming back after the sell off last week and that usually pushes the Euro higher. Not only that but the 200 EMA is showing as a support level. I placed my stop relatively close but far enough away to avoid any shenanigans at 1.43. I’m considering a trailing stop but I will leave it for now. As always, I will let you know how the trade goes in the comments.