Main Scenario: As long as EURUSD stays below 1.1316, the main trend will be downwards. Then the pair may down to 1.1250 price level
Target Expectation: 1.1250
Considerations Supporting The Scenario:
U.S. and European stocks futures moved higher on Monday as Asian markets lagged, while bonds surrendered some of their recent gains and oil rallied as Saudi Arabia lifted its crude prices.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1316
Alternative Target Expectation: 1.1343