STRATEGY:

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