The dollar clung to overnight gains on Thursday, after minutes from last month's U.S. Federal Reserve meeting gave few clues about whether an even more dovish shift in its policy framework is possible in the autumn, disappointing some dollar bears.
The EURUSD market did reach our target to the 1.1950 level on Wednesday. Today the market is signaling a bear downturn with the breakout under the previous swing low opening up potential for a wash to 1.1790 - 1.1720. Trade is poised for follow through pressing declines. Any corrections will likely stay trapped below 1.1880. 

R2          1.1880
R1          1.1860

 
S1          1.1820
S2          1.1790