Main Scenario: As long as EURUSD stays below 1.1363, the main trend will be downwards. Then the pair may down to 1.1252 price level
Target Expectation: 1.1252
Considerations Supporting The Scenario:
Asian equities and the dollar struggled to find direction on Tuesday as investors awaited Federal Reserve Chair Jerome Powell's appearance before the Senate Banking Committee, hoping for clues to the timing of expected policy tightening.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1363
Alternative Target Expectation: 1.1397