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HomeContributorsTechnical AnalysisEURUSD Is Possibly Bullish

EURUSD Is Possibly Bullish

Octa
By Octa

Technical analysis

The RSI(14) and the RSI(3) point to a possible upwards correction

The Ichimoku indicator displays a prevailing downtrend

The CCI suggests a possible upwards movement.

Most likely scenario – BUY

Target prices: 1.15902 1.16095

Alternative scenario – SELL

Target prices: 1.15661 1.15307

Key levels

Support 1.15902 1.16095

Resistance 1.15661 1.15306

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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