FOREXCOM:EURUSD   Euro / U.S. Dollar
My wave calculations give me 1.1938 as target for wave 4.
For me and by analysing the current graphs, looks like they want to reach target by doing the sequence of waves in the chart.
For a brief view of how do I reach that conclusions, take a look at the following link.
Not ready understandable, but is my own private method for counting and measuring waves.
https://i.imgur.com/7UulOCg.png
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.