EURUSD Technical Analysis Report 13 November, 2025
EURUSD currency pair be expected to rise further to the next resistance level 1.1730 (top of wave (B) and the target for the completion of wave 1).
- EURUSD rising inside impulse wave 1
- Likely to test resistance level 1.1730
EURUSD currency pair continues to rise inside the minor impulse wave 1, which belongs to the intermediate impulse wave (1), which begined earlier with the daily Morning Star from the support area between the support level 1.1500 (which stopped the earlier impulse wave (C) in the middle of October, as can be viewn from the daily EURUSD chart below) and the lower daily Bollinger Band. The active impulse wave (1) belongs to the long-term upward impulse wave 3 from the begin of November.
Given the clear daily uptrend and the bearish US dollar sentiment viewn across the FX markets today, EURUSD currency pair be expected to rise further to the next resistance level 1.1730 (top of wave (B) and the target for the completion of wave 1).
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