I Agree with you to go long on EURUSD
here is my reason's to go on the long side;
1. The Major Trend is still to the upside
2. There is a buy signal on my MACD indicator
3. Price is got supported on the Pivot Level
4. On the 4H there was a spinning top candle which is a reversal sign for me
5. The Spinning Top is got supported at the Pivot Weekly
So there are many clue for me to go long also on this pair but, I don't quite agree with not to use a stop loss.
For me the stop loss should be at 1.5688 and my Target is at 1.5864 which is the 127 Fib Expansion from high at 1.5813 to low at 1.5692
