Till tomorrow European morning euro is most likely be contained between these two lines (now at 1.1762 and 1.1822). Because of a renewed "risk off" sentiment that has taken to stocks and bonds, and hourly topside technical MA resistance, it is more likely that pair will slowly move lower. If during Asian session euro will not surprise with an up move i will wait around half hour before London session opens. I find it that market more often than not makes a move after London time 7:15-7:30, which is when adjusting opening to MA's and Stochastic's is a good risk reward trade.