Main Scenario: As long as EURUSD stays below 1.1821, the main trend will be downwards. Then the pair may go down to 1.1776 price level
Target Expectation: 1.1776
Considerations Supporting The Scenario:
Gold edged down Friday, lingering near the key psychological level of $1,800 an ounce, pressured by a stronger dollar as investors eyed a U.S. jobs report for cues on the Federal Reserve’s future policy stance.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1821
Alternative Target Expectation: 1.1868