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26.04.202113:35 Forex Analysis & Reviews: EUR/USD analysis for April 26 2021 - Oversold condiiton in the rising trend. Potential for upside movement towards 1.2150

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Further Development

Exchange Rates 26.04.2021 analysis

Analyzing the current trading chart of EUR/USD, I found that there is the oversold condiiton in the rising trend, which is good sign for the buying.

My advice is to watch for buying opportunities with the upside target at the price of 1.2115 and 1.2150.

RSI (3) and (9 period are both into oversold condition, which is good sign for buying.Key Levels:Resistance: 1.2150Support level: 1.2086

Petar Jacimovic
Analytical expert of InstaForex
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