Expected scenario: The EURUSD pair started trading this week on further declines, confirming this on the new bearish general trend, and in light of the price drop below the moving averages (200 - 100), with the intersection of the averages, we will witness Further declines to target 1.0780 then 1.0730 levels in the short term.
Alternative scenario: As for price reversal and breach of the resistance of 1.0900, we will witness a positive change in the general trend, with more gains reaching 1.0990, even if the bullish scenario at the moment is the least likely. p>
Expected trend: bullish
Expected traffic range: 1.0866 to 1.0780
