EURUSD Is Possibly Bullish

Technical analysis


The RSI(14) and the RSI(3) both suggest an upwards movement.

The price is above the EMA(50) which is advantageous for bulls.



Most likely scenario – BUY


Target prices: 1.15990 1.16067 1.16134


Alternative scenario – SELL


Target prices: 1.15875 1.15791 1.15691


Key levels


Support 1.15875 1.15791 1.15691

Resistance 1.15990 1.16067 1.16134


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