FX.co ★ Evening review of EURUSD on November 11, 2020

The EURUSD pair traded downward breaking through the important level of 1.1780.

Sales can be considered at 1.1775 with a stop at 1.1820.

However, if we look at the big picture, it looks like a correctional decline and nothing more.

Nevertheless, I expect strong support for the euro at 1.1695 and an upward reversal.

Prepare to buy from 1.1835 and, possibly below if new levels are formed.