Main Scenario: As long as EURUSD stays above 1.1289, the main trend will be upwards. Then the pair may up to 1.1324 price level
Target Expectation: 1.1324
Considerations Supporting The Scenario:
Asian shares and European futures slipped on Friday as traders edged away from riskier assets amid renewed concerns about COVID-19 and caution ahead of key U.S. inflation data, which also kept currencies in check.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1.1289
Alternative Target Expectation: 1.1239