EurUsd- Where to sell for strong R:R? (SWING TRADE)

After the dive to the 1.05 zone, EurUsd recovered and at the time of writing is trading back above 1.09.
To be honest, I don't see a fundamental reason for a reversal on this pair to the more familiar ground (1.15 or so) and the most probable scenario, in my opinion, is range trading for the months to come.
That being said, 1.1 should provide resistance, and rallies above this zone should be considered good opportunities for bears.
Considering a medium-term sell trade slightly above 1.1 with a 150 pips stop loss and a target in the recent low zone could make a lot of sense considering the 1:4 R:R