FX.co ★ EUR/USD. Technical Analysis on November 28, 2025

Trend Analysis (Fig. 1).

On Friday, the market may start moving downward from the level of 1.1595 (yesterday's daily candle close) with the target at 1.1556 — a historical resistance level (blue dashed line). When testing this level, a corrective upward price movement is possible with a target of 1.1575 — the 23.6% retracement level (yellow dashed line).

Fig. 1 (daily chart).

Comprehensive Analysis:

• indicator analysis – down
• Fibonacci levels – down
• volumes – down
• candlestick analysis – down
• trend analysis – down
• Bollinger Bands – down
• weekly chart – down

Overall conclusion: downward trend.

Alternative scenario: Today, from the level of 1.1595 (yesterday's daily candle close), the price may begin moving downward with a target of 1.1575 — the 23.6% retracement level (yellow dashed line). When testing this level, a corrective upward movement is possible with a target of 1.1592 — the 61.8% retracement level (blue dashed line).