Expected scenario: The euro held together against the US dollar after the drop that the pair witnessed last week, at 1.1070 levels, to bounce from those levels, and start trading this week at 1.1200 levels, so we are expected to witness more gains Down to the 1.1600 levels in the short term, especially in light of the cohesion of the pair with the highest moving averages (200 - 100).
Alternative scenario: In the event that the price declines and breaks the 1.1000 levels, we will witness a negative change in the general trend, with more declines to reach the levels of 1.0920, although the decline scenario is the least likely at the present time, in The liquidity flow index remained at 25 levels, which represent strong oversold areas.
Expected general trend: bullish
Expected traffic range: 1.1200 to 1.1450
