The EUR/USD currency pair continues to move within the correction stage and the descending channel. Moving averages confirm the existence of a short-term bearish trend. Prices broke down through the signal of the zone between the lines, which indicates pressure from the sellers of the euro and the likely continuation of the decline in quotations from current values. At the time of publication of the exchange rate, the value of the Euro against the Dollar today is 1.1545. The Forex forecast for November 11, 2025 assumes an attempt to form a bullish correction with a test of the resistance level in the area of 1.1555. Subsequently, the price is expected to rebound downwards and the beginning of the formation of a bearish impulse. A potential target for such a decline could be a level below 1.1445.
The forecast for EUR/USD (Euro/Dollar) on November 11, 2025 also points to additional signals in favor of a decline in the pair. One of these signals will be a rebound from the resistance zone of the RSI indicator, as well as from the upper boundary of the descending channel. The fall scenario will be canceled in the event of a strong increase in quotations and a breakdown of the level of 1.1605, which will indicate overcoming resistance and continuing growth to the level of 1.1835. Confirmation of the bearish development will be the breakdown of the support zone at 1.1495, which will indicate an exit beyond the lower boundary of the corrective bullish channel.
