Main Scenario: As long as EURUSD stays above 1.1867, the main trend will be upwards. Then the pair may go up to to 1.1931 price level
Target Expectation: 1.1931
Considerations Supporting The Scenario:
The dollar hovered near two-week lows after U.S. bond yields eased from recent highs, while market participants waited for the Federal Reserve’s meeting minutes due later in the session to help determine the future path for the dollar.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1867
Alternative Target Expectation: 1.1766