Contributors Technical Analysis EURUSD Is Possibly Bearish

EURUSD Is Possibly Bearish

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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