The Euro Dollar EUR/USD currency pair is ending the trading week with a decline near 1.1610. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, indicating pressure from buyers of the European currency and a likely continuation of growth from current levels. As part of the Euro exchange rate forecast for the trading week, we expect an attempt to continue the upward movement of the EUR/USD pair and a test of the resistance area near 1.1745. From here, a downward rebound and continued decline in the Euro Dollar currency pair are expected this trading week. The area below 1.1045 is a potential upside target.
EUR/USD Weekly Forecast November 17 – 21, 2025
An additional signal favoring a decline in the EUR/USD pair on Forex will be a test of the descending resistance line on the relative strength indicator (RSI). The second signal will be a rebound from the lower boundary of the bullish channel. A strong rally and a breakout of 1.2065 will cancel the downward trend for the EUR/USD pair during the current trading week (November 17-21, 2025). This will indicate a breakout of the resistance area and continued growth above 1.2335. A breakout of the support area and a close below 1.1345 should confirm the pair’s decline.
EUR/USD Weekly Forecast November 17 – 21, 2025 suggests an attempt at a bullish correction and a test of the resistance area near 1.1745. From this point, a downward price rebound and a continued decline in the pair on the Forex market below 1.1045 should be expected. An additional signal supporting a decline would be a test of the resistance line on the relative strength indicator (RSI). A strong rally and a breakout of 1.2065 would cancel out the EUR/USD decline. In this case, we should expect continued upside with a potential target at 1.2335.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
