Main Scenario: As long as EURUSD stays above 1.1740, the main trend will be still upwards despite the recent fall in the pair on h4 chart. Then the pair may go up to to 1.1768 price level
Target Expectation: 1.1768- 1.1790
Considerations Supporting The Scenario: The U.S. dollar strengthened on Tuesday as investors turned cautious after a Johnson & Johnson COVID-19 study was paused and as hopes dimmed that a fiscal stimulus package could be reached before the presidential election.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1.1735
Alternative Target Expectation: 1.1686