{"id":9404,"date":"2021-11-11T22:42:07","date_gmt":"2021-11-11T22:42:07","guid":{"rendered":"https:\/\/www.forexanalytix.com\/blog\/?p=9404"},"modified":"2021-11-11T23:01:09","modified_gmt":"2021-11-11T23:01:09","slug":"chart-of-the-day-nov-11th-2021","status":"publish","type":"post","link":"https:\/\/www.forexanalytix.com\/blog\/chart-of-the-day-nov-11th-2021\/","title":{"rendered":"Chart of the Day &#8211; EURUSD &#8211; (November 11th, 2021)"},"content":{"rendered":"<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  \" style='border-radius:0px; '><p><div style='padding-bottom:16px;' class='av-special-heading av-special-heading-h3    '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >EURUSD further to fall? <\/h3><div class='special-heading-border'><div class='special-heading-inner-border' ><\/div><\/div><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '  style='font-size:14px; '  itemprop=\"text\" ><p>While the EURUSD is below the 1.1500 level previous support (and March 2020 spike highs) the EURUSD is at risk of testing the 1.1350 level which is still about 100 pips away. Keep in mind the RSI is not oversold, but if we do trade to the 1.1350 level the risk may be for the bounce since (I am going to assume here) the RSI may be divergent at that time suggesting a bounce at the key 161% &#8220;Golden&#8221; Fibonacci extension of the March 2021 lows to May 2021 highs.<\/p>\n<p>Happy Veterans Day to all who have served or currently serve to protect our greatest gift, freedom.<\/p>\n<\/div><\/section><br \/>\n<div class='avia-image-container  av-styling- av-hover-grow   avia-align-center '  itemprop=\"ImageObject\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><a href='https:\/\/www.forexanalytix.com\/blog\/wp-content\/uploads\/2021\/11\/EURUSD_2021-11-11_14-53-44-800x426.png' class='avia_image'  ><img class='avia_image ' src='https:\/\/www.forexanalytix.com\/blog\/wp-content\/uploads\/2021\/11\/EURUSD_2021-11-11_14-53-44.png' alt='' title='EURUSD_2021-11-11_14-53-44'  itemprop=\"thumbnailUrl\"  \/><\/a><\/div><\/div><\/p><\/div><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '  style='font-size:14px; '  itemprop=\"text\" ><p>Blake Morrow<\/p>\n<\/div><\/section><\/p>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  \" style='border-radius:0px; '><div class='av-social-sharing-box  '><div class='av-share-box'><h5 class='av-share-link-description'>Share this entry<\/h5><ul class='av-share-box-list noLightbox'><li class='av-share-link av-social-link-facebook' ><a target='_blank' href='http:\/\/www.facebook.com\/sharer.php?u=https:\/\/www.forexanalytix.com\/blog\/chart-of-the-day-nov-11th-2021\/&amp;t=Chart%20of%20the%20Day%20%E2%80%93%20EURUSD%20%E2%80%93%20%28November%2011th%2C%202021%29' aria-hidden='true' data-av_icon='\ue8f3' data-av_iconfont='entypo-fontello' title='' 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