EUR/USD heading for 1.125?

As you can see, it looks like the price got rejected by the support level and is getting ready for an upside move.

The next candlestick is very important. It will clear which direction to price will be heading. If you are a risk-taker, I would enter the market and wait for the big move towards the upside. (around 50 pips) But make sure you leave enough room for the trade to breath. ( Go for R:R 1:1, adjust the SL accordingly to it).

Personally, I would wait for the next candlestick to see the opportunity more clearly.
I have marked my potential TP and SL in the chart for you to copy (if you wish).

Don't forget risk management. As I mentioned before, I do not risk more than 3% per trade.

I will update you guys as soon as possible.

Good luck :)
Mr. Grateful