EURUSD Long Trade Setup

On daily chart, EURUSD is about to test the upper trendline of descending channel. This area also coincides with 200MA and rising trendline. 

 
It looks like a good support area and is expected to hold. Channel's upper trendline should become resistance-turned-support and price should bounce from that area.

EURUSD Daily

I plan to go long near to 1.28 handle with a stoploss at 100MA. And will add to long positions at 1.2760/70 area near to horizontal resistance area.This is resistance-turned-support and has provided support previously.