Main Scenario: As long as EURUSD stays below 1.1352, the main trend will be dowwards. Then the pair may down to 1.1291 price level
Target Expectation: 1.1291
Considerations Supporting The Scenario:
he dollar was set to post a second week of chunky gains against the euro on Friday as traders wager on interest rates rising faster and further on the North Atlantic’s western shore, while sterling and the kiwi also firmed with rate hike bets.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1352
Alternative Target Expectation: 1.1412