Main Scenario: As long as EURUSD stays below 1.1644, the main trend will be still downwards on h1 chart. Then the pair may go down to 1.1601 price level
Target Expectation: 1.1615- 1.1601
Considerations Supporting The Scenario: The dollar gained ground on Friday and measured its biggest weekly gain since early April as investors worried about a slowing economic recovery, rising coronavirus infections in Europe, uncertainty about U.S. stimulus, and the upcoming elections here.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1677
Alternative Target Expectation: 1.1645