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EUR/USD –05.11.2026
Nov 5, 1:26 PM·
Medium Pessimistic

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Summarized by i88

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Summary

EUR/USD remained capped below its downtrend resistance line as selling pressure persisted, according to Orbex. The pair retested support at 1.1115 and rebounded, closing out of the resistance zone.

EUR/USD Holds Below Downtrend Resistance as Selling Pressure Persists

EUR/USD remained below its downtrend resistance line as selling pressure continued to weigh on the market, according to an Orbex analysis published on November 5, 2026.

Support Retested at 1.1115

The pair again tested support at 1.1115 and rebounded, closing out of the resistance zone, Orbex reported.

Key Levels

  • Resistance: the downtrend resistance line, which the Euro held below
  • Support: 1.1115, tested again before a rebound

The analysis covers the EUR/USD currency pair and was published on orbex.com.