English
EURUSD 03.11.2025
Overall Trend:
The pair remains under heavy selling pressure after a sustained decline, trading below 1.1558 and having broken through 1.1542 toward the 1.1510 region. As long as price stays under 1.1558, the short-term bias remains bearish.
Expected Scenario:
Bullish: A clear close back above 1.1558 could trigger a corrective bounce toward 1.1573 and 1.1586, still considered corrective while recent highs remain intact.
Bearish: Holding below 1.1558 and then breaking under 1.1510 would likely extend the downside toward 1.1490 followed by 1.1450.
Key Levels:
Resistance: 1.1558 – 1.1573 – 1.1586
Support: 1.1510 – 1.1490 – 1.1450
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
