Main Scenario: As long as EURUSD stays above 1.1776, the main trend will be still upwards on daily basis. Then the pair may go up to 1.1963 price level
Target Expectation: 1.1893- 1.1963
Considerations Supporting The Scenario: The euro rose for a third straight session against the dollar on Friday, with investors encouraged to push it higher after the European Central Bank showed no sign of stemming the single currency’s appreciation.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1.1776
Alternative Target Expectation: 1.1730