Contributors Technical Analysis EURUSD Is Possibly Bearish

EURUSD Is Possibly Bearish

Technical analysis

The RSI is at the oversold zone.

The Stochastics is near the oversold zone.

Most likely scenario – SELL

Target prices: 1.12828 1.12641

Alternative scenario – BUY

Target prices: 1.13233 1.13608

Key levels

Support 1.12828 1.12641

Resistance 1.13233 1.13608

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