Last Update:

1/11/2022

STRATEGY:

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