Alright!
So the reason why I do believe this is a long position are for the following reasons:
1. EUR seems to be gaining strength against many pairs.
2. Chart MA's indicate a relative strong bull run for EUR.
3. EURUSD has hit a recently strong support level and bounced off. (Price action is king!).
4. RSI is already relatively low indicating it has a lot of room to go up!
5. MACD is indicating a crossover which also means we may be having a strong bull run very soon.
So the reason why I do believe this is a long position are for the following reasons:
1. EUR seems to be gaining strength against many pairs.
2. Chart MA's indicate a relative strong bull run for EUR.
3. EURUSD has hit a recently strong support level and bounced off. (Price action is king!).
4. RSI is already relatively low indicating it has a lot of room to go up!
5. MACD is indicating a crossover which also means we may be having a strong bull run very soon.