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Forecast update for EURUSD -11-05-2026.
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Forecast update for EURUSD -11-05-2026.
May 11, 2026 5:11 AM

The EURUSD pair rose in its last intraday trading, reaching 1.1790 resistance, supported by its continued trading above EMA50, with the dominance of the short- term main bullish trend, with its trading alongside supportive trend line for this path, after offloading its overbought conditions on the relative strength indicators, opening the way for extending these gains in the upcoming near period.

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