EURUSD Is Possibly Bullish

Technical analysis

The RSI(14) and the RSI(3) point to a possible upwards correction

The Ichimoku indicator displays a prevailing downtrend

The CCI suggests a possible upwards movement.

Most likely scenario – BUY

Target prices: 1.15902 1.16095

Alternative scenario – SELL

Target prices: 1.15661 1.15307

Key levels

Support 1.15902 1.16095

Resistance 1.15661 1.15306

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