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EURUSD Is Possibly Bullish

Technical analysis

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

The Ichimoku indicator displays a prevailing flat

The CCI suggests a possible upwards movement.

Most likely scenario – BUY

Target prices: 1.17407 1.17501

Alternative scenario – SELL

Target prices: 1.17310 1.17221

Key levels

Support 1.17407 1.17501

Resistance 1.17310 1.17221

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