Sell on a level breakthrough of 1.1071 with 1.1000 target. Stop loss = 1.1121.
Reason for the trading strategy
Despite the increase in inflationary pressures in the Eurozone (from -0.1% to 0.1% in June), the European Central Bank is likely to expand the quantitative easing program (by redemption of corporate bonds, etc.) to support the Eurozone economy in 2016, which will lead to a decline in the euro.