Main Scenario: As long as EURUSD stays above 1.1823, the main trend will be upwards. Then the pair may go up to to 1.1881 price level
Target Expectation: 1.1881
Considerations Supporting The Scenario:
The safe haven yen hovered near a one-month high at 110.01 per dollar. The euro dipped to $1.1834.
That left the dollar index, which tracks the greenback versus a basket of six currencies, slightly firmer at 92.452.
Gold, another safe haven asset, was on track for its third straight weekly gain. It was last down 0.1% at $1,800 an ounce.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1.1823
Alternative Target Expectation: 1.1797