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HomeContributorsTechnical AnalysisEURUSD Is Possibly Bearish

EURUSD Is Possibly Bearish

Octa
By Octa

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

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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