Main Scenario: As long as EURUSD stays below 1.1351, the main trend will be downwards. Then the pair may down to 1.1096 price level
Target Expectation: 1.1096
Considerations Supporting The Scenario:
Asian stocks and major currencies paused for breath on Thursday as markets struggled to find direction in the absence of solid information about the Omicron variant of the new coronavirus, which led to divergent trade in U.S. and European share futures.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1351
Alternative Target Expectation: 1.1443