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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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