HomeContributorsTechnical AnalysisEURUSD Is Possibly Bearish

EURUSD Is Possibly Bearish

By Octa

Nov 23 21, 11:44 GMT

Technical analysis

The RSI is below level 50.

The Stochastics is above level 50.

Most likely scenario – SELL

Target prices: 1.12365 1.12250

Alternative scenario – BUY

Target prices: 1.12651 1.12868

Key levels

Support 1.12365 1.12250

Resistance 1.12651 1.12868

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Tags
EUR
USD

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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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