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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) both suggest an upwards movement.

    The price is above the EMA(50) which is advantageous for bulls.

    Most likely scenario – BUY

    Target prices: 1.15990 1.16067 1.16134

    Alternative scenario – SELL

    Target prices: 1.15875 1.15791 1.15691

    Key levels

    Support 1.15875 1.15791 1.15691

    Resistance 1.15990 1.16067 1.16134

    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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