I've been watching EU for quite some time now. Just noticed that it's painting a nice little inverse head & shoulder pattern after a long downtrend. In order for this pattern to be validated, we'll need a break above 1.08550 level. I've drawn a neckline, so we can place our buy orders once a clear break out is seen. profit target can be set at a later stage as we will have plenty of upside to look at if we break 1.08550