EURUSD 11.11.2025
Trend:
staging a mild rebound after an extended decline, trading around the 1.1576 pivot while still capped by a clear descending trendline. As long as price holds below that line, the broader bias remains bearish, with 1.1540 and 1.1490 acting as nearby support zones.
Expected Scenario:
Bullish: A clean break above the descending trendline with a sustained close above 1.1576 could open a broader correction toward 1.1650 then 1.1729.
Bearish: Dropping back below 1.1576 and breaking 1.1540 would likely resume the downtrend toward 1.1490.
Key Levels:
Resistance: 1.1576 – 1.1650 – 1.1729
Support: 1.1540 – 1.1490
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