Main Scenario: As long as EURUSD stays below 1.1756, the main trend will be still downwards. Then the pair may go down to to 1.1700 price level
Target Expectation: 1.1700
Considerations Supporting The Scenario:
Backed by a $2 trillion U.S. government spending plan, the dollar consolidated its first-quarter gains on Thursday, holding near multi-month highs while a new lockdown in France weighed on the euro.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1756
Alternative Target Expectation: 1.1786