Euro Needs a Break Above Resistance to Confirm the Rally 14/11/2025

The pair extended its constructive grind, meeting the 1.1660 objective and printing a 1.1665 high.

Technical outlook

• SMAs & structure: Price holds above the simple moving averages and tracks an ascending trendline, reinforcing the corrective bullish bias.
• RSI: Working off overbought; may turn supportive again in the near term.

Base case (bullish, confirmation required)

• Staying above 1.1600 preserves the topside tilt.
• A clear break/4H close above 1.1670 would likely extend gains toward 1.1705, then 1.1740.

Alternative / downside

• Failure to clear 1.1670 and a move back below 1.1600 would reintroduce downside pressure, with scope for a retest of 1.1510, then 1.1500, before the next directional cue.

Risk note
Given elevated headline risk, manage size and use hard stops; reassess quickly if the levels above give way.

Risk Disclaimer: Trading CFDs involves risks, and therefore the scenarios outlined above are not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.

S1: 1.1600	R1: 1.1670
S2: 1.1550	R2: 1.1705
S3: 1.1510	R3: 1.1750