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EURUSD Is Possibly Bearish

Octa
By Octa

Technical analysis

The RSI is slightly above 50, staying neutral

The MACD line is reaching 0 from the downward territory.

Most likely scenario – SELL

Target prices: 1.17219 1.17075

Alternative scenario – BUY

Target prices: 1.17487 1.17882

Key levels

Support 1.17219 1.17075

Resistance 1.17487 1.17882

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

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