EURUSD Is Possibly Bearish

Technical analysis

The RSI is at the overbought zone.

The Stochastics left the overbought zone and headed downwards to level 50.

Most likely scenario – SELL

Target prices: 1.12998 1.12815

Alternative scenario – BUY

Target prices: 1.13174 1.13257

Key levels

Support 1.12998 1.12815

Resistance 1.13174 1.13257

December 14, 2021 at 11:28PM
OctaFX
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