EURSGD: Near a 1W Higher Low. Long.

The 1D Channel Down (RSI = 43.604, Highs/Lows = -0.0005) is approaching 1.57500 which is a Higher Low on the 1W Channel Up (RSI = 47.255, Highs/Lows = 0.000, STOCH = 63.835). That is a prime long entry and can be split for three targets: the two previous Higher Highs = 1.6000 and 1.6110 and the next projected Higher High = 1.6200.