EURUSD is trading lower today. Looking at the M30 interval, we can see that the pair is trying to break below the key support area. The pair approached the 1.18 area, marked by previous price reactions and the neckline of the head and shoulder pattern. Breaking below could hint at a bearish shift to the sentiment. Pair found itself under additional pressure following today's disappoint ZEW release.
EURUSD M30 interval. Source: xStation5
Daily summary: SILVER at a new ATH, EURUSD at its highest since October
Turkey has decided to lower the weekly repo rate to 38%
Chart of the day: AUDUSD (11.12.2025)
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