EURUSDWeeklyNeutral
EUR/USD weekly analysis — 6 November 2026
FXFibo editorial · · 1 min readSummary
EUR/USD has broken the 1.1324 low (21 June 2026) and the long-term trend line and is trading just above the 1.1130 (50%) support. Weekly bias: bearish with two scenarios.
BiasNeutralEntry zone—Stop loss—Target 1—Target 2—StatusActive
Main scenario
Scenario 1: a direct drop through 1.1130 and 1.1065 towards 1.0905 and 1.0735 (0.707).
Alternative scenario
Scenario 2: a pullback to 1.1324–1.1354 first, then a decline towards 1.0735.
Key levels
Resistance: 1.1324–1.1354, 1.1482, 1.1587 · Support: 1.1130, 1.1065, 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.