EUR/USD Slumps Near Key Support as Diverging Policies Weigh—Bearish Momentum Persists in Early November 2025
EUR/USD faces bearish pressure as the pair trades near 1.0670 amid continued selling momentum. Key support at 1.0635 and resistance near 1.0730 and 1.0780 remain critical. Diverging Fed and ECB policies, with the Fed hawkish and ECB cautious, alongside Eurozone economic weakness, are weighing on the euro. Technical signals including a death cross and bearish RSI support further downside unless resistance breaks occur. Analysis by Mahmoud Abdallah, DailyForex.com.
