Contributors Technical Analysis EURUSD Is Possibly Bearish

EURUSD Is Possibly Bearish

Technical analysis

The RSI(14) and the RSI(3) point to a possible downwards movement

The Ichimoku indicator displays a prevailing downtrend

The CCI suggests a possible upwards correction.

Most likely scenario – SELL

Target prices: 1.15749 1.15661

Alternative scenario – BUY

Target prices: 1.16095 1.16308

Key levels

Support 1.15749 1.15661

Resistance 1.16095 1.16308

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