EUR/USD: Greenback Strengthening

EURUSD – 1D

  Published On: 10 November 2025, 10:00 AM | Tan Peng Chien, Dealer   Key Entry Price Pivot(s)
  •  16701
Recommended Trade
  • Short at 1.15698
  • Stop Loss: 1.16701
  • Take Profit: 1.13811
Alternative Case
  • Long at 1.16701
  • Stop Loss: 1.14695
  • Take Profit: 1.18151
  Remarks
  • With the U.S. dollar regaining strength over the past month, EUR/USD has continued its downtrend, consistently forming lower highs and lower lows. The pair is currently rebounding from an area of imbalance, suggesting the potential for further downside pressure and the possibility of new lows being tested in the near term.
  • A cautious short setup could involve entering near the current price level of 1.15698, targeting the area below the previous low around 1.13811, with a stop loss positioned above the recent swing high at 1.16701.
  • Alternatively, the 1.16701 level can be viewed as a potential pivot point. Should the pair reverse higher, a long position taken near this level—with stops placed below the previous low at 1.14695—could aim for a move toward the earlier rejection zone seen in October around 1.18151.