Main Scenario: As long as EURUSD stays below 1.1584, the main trend will be downwards. Then the pair may down to 1.1523 price level
Target Expectation: 1.1508
Considerations Supporting The Scenario:
The dollar edged higher versus major peers on Friday but within a narrow range as traders awaited clues from the U.S. non-farm payrolls report on the pace of Federal Reserve policy normalization.
Alternative Scenario: An alternative expectation may be taken into account in case of a close above 1.1584
Alternative Target Expectation: 1.1649