The Euro Dollar EUR/USD currency pair continues to move within a bullish correction and has broken out of its descending channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, indicating pressure from buyers of the European currency and potential continued growth of the currency pair from current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate today is 1.1597. As part of the Forex forecast for November 19, 2025, we expect an attempt at a bearish correction and a test of the support level located near 1.1565 on the EUR/USD pair. Subsequently, an upward rebound in prices and the beginning of a bullish impulse in the Euro Dollar currency pair are expected. The potential target of such a movement on FOREX is the area above 1.1785.
EUR/USD Forecast Euro Dollar for November 19, 2025
An additional signal in favor of a growth scenario for the EUR/USD currency pair tomorrow will be a rebound from the support line on the RSI indicator. A second signal in favor of this scenario will be a rebound from the lower boundary of the Head and Shoulders reversal pattern. A price decline and a breakout of 1.1435 will cancel out the growth scenario for the EUR/USD currency pair tomorrow. This will indicate a breakout of the support area and a continuation of the price decline to 1.1275. A breakout of the resistance area at 1.1705 should confirm the growth scenario for the EUR/USD currency pair, indicating a breakout of the upper boundary of the Head and Shoulders reversal pattern and the beginning of the pattern with targets above.
EURUSD Forecast Euro Dollar for November 19, 2025 suggests an attempt at a bearish correction in currency quotes, testing support near 1.1565. This is where we should expect an upward rebound in the EUR/USD pair and an attempt at continued growth to 1.1785. A rebound from the support line on the relative strength indicator (RSI) will serve as an additional signal in favor of an uptrend in the Forex market. A decline in quotes and a break of 1.1435 would cancel out the EUR/USD uptrend. This would indicate a break of the support zone and a continued decline in the currency pair on Forex toward 1.1275.
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