Sat, Dec 14, 2024 @ 21:01 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisEURUSD Is Possibly Bearish

EURUSD Is Possibly Bearish

Octa
By Octa

Technical analysis

The RSI is below level 50.

The Stochastics is below level 50 and headed downwards to oversold zone.

Most likely scenario – SELL

Target prices: 1.16074 1.16000

Alternative scenario – BUY

Target prices: 1.16501 1.16656

Key levels

Support 1.16074 1.16000

Resistance 1.16501 1.16656

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.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.