EUR/USD Price Outlook – Trade Setup (5 Nov 2025)Euro / U.S. DollarFOREXCOM:EURUSDATFX_Global📊 Technical Structure EURUSD EUR/USD has paused its five-day slide and is stabilizing around 1.1480–1.1490, just above the highlighted Support Zone (1.1481–1.1475). The recent candle structure shows rejection from below 1.1470, suggesting dip-buyers are defending this area. Overhead, the next key Resistance Zone comes in at 1.1521–1.1526, where recent breakdown started and where supply is likely to re-emerge. As long as price holds above 1.1470, a corrective push toward 1.1520+ remains on the table. However, the broader trend is still down from last week’s highs, so any bounce is treated as corrective unless we see a strong hourly close above 1.1530. 🎯 Trade Setup Idea: Buy the dip into support, target a corrective move into resistance. Entry: 1.1475 – 1.1481 (on pullback toward support zone) Stop Loss: 1.1470 Take Profit 1: 1.1520 Take Profit 2: 1.1530 Risk–Reward Ratio: ≈ 1 : 4.27 A clean break and hourly close below 1.1470 would invalidate the long setup and reopen downside risk toward 1.1420–1.1430. 🌐 Macro Background EUR/USD is holding gains near 1.1500 as the Euro finds support from expectations that the European Central Bank (ECB) will maintain a cautious, data-dependent stance rather than rushing into more easing. FXStreet’s Akhtar Faruqui notes that the pair “halts its five-day losing streak, trading around 1.1490… as traders expect the ECB to adopt a cautious stance in its upcoming policy meeting.” ECB side: In October, the ECB left rates unchanged for a third consecutive meeting, signaling that the inflation outlook is broadly stable while uncertainty persists. Recent data showed Eurozone inflation only slightly above the 2% target, Q3 GDP beating expectations, and October surveys hinting at better sentiment. Policymakers Villeroy and Kazaks both stressed that the ECB is in a “good position” and that risks to inflation and growth are more balanced, advocating no hasty moves and a data-dependent approach. This cautious tone reduces immediate easing bets and offers support to the Euro. USD side: The US Dollar faces headwinds from the ongoing US government shutdown, which has now entered its sixth week and is on track to become the longest funding lapse in history. The Senate has repeatedly failed to pass a short-term funding bill, keeping political uncertainty elevated and limiting further USD upside. Overall, a cautious but steady ECB vs. a politically constrained US backdrop justifies a short-term corrective bounce in EUR/USD, even if the broader trend remains fragile. 🔑 Key Technical Levels Resistance: 1.1521 – 1.1526 Support: 1.1477 – 1.1481 Intra-day Pivot / Psychological Level: 1.1500 📌 Trade Summary EUR/USD is trying to base out above 1.1470 after a five-day decline. The technical picture, combined with a cautious ECB and a politically pressured USD, favours a short-term buy-the-dip strategy into the 1.1520–1.1530 resistance band. A break below 1.1470 would negate the idea and shift focus back to the downside toward mid-1.14s. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.