EURUSDMonthlyNeutral
EUR/USD monthly analysis — 6 November 2026
FXFibo editorial · · 1 min readSummary
After breaking its rising channel below the 1.1908 resistance (2021 highs), EUR/USD is now testing the 50% retracement at 1.1130. The monthly bias stays bearish.
BiasNeutralEntry zone—Stop loss—Target 1—Target 2—StatusActive
Main scenario
Main scenario: a monthly close below 1.1130 opens the way to 1.0905 (0.618), 1.0735 (0.707) and 1.0585 (0.786).
Alternative scenario
Alternative: holding above 1.1130 allows a pullback to 1.1354 (0.382) before the next leg down.
Key levels
Resistance: 1.1354, 1.1908, 1.2254 · Support: 1.1130, 1.0905, 1.0735, 1.0585
⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.