EURUSD Trade Setup – 12th Nov

The Euro is holding firm against the U.S. dollar as traders position cautiously ahead of Thursday’s critical U.S. CPI release. With EUR/USD consolidating above the key 1.1500 support zone, the pair remains supported by improving Euro-area sentiment and a softer U.S. yield backdrop. The dollar’s recent bid appears to be losing momentum as markets scale back expectations of further near-term Fed tightening, while European data continues to stabilize. Technically, EUR/USD has broken above the mid-term range ceiling at 1.1500, now acting as solid support. The pair’s structure suggests scope for continuation toward the 1.1620 – 1.1680 zone should the U.S. CPI data confirm easing price pressures. Dealer positioning also favors a mild upward drift into Thursday’s event, with option-related flow expected to keep spot pinned between 1.1550 and 1.1600 until the NY cut, before volatility potentially expands post-expiry. EURUSD Trade Setup: Pair / Asset Bias & Entries Stop / Invalidation Targets Why A+ (fundamentals • technicals • sentiment) Near-term catalysts (UK time) EUR/USD 1.1585 LONG – Buy pullbacks 1.1535 – 1.1555; add on clean break/hold >1.1600 1.1485 daily close 1.1630, stretch 1.1680 Fundamentals: Dollar side likely range-bound pre-CPI; mild USD offer into inflation event supports EUR.  Technicals: Acceptance above 1.1500 turns it into support; momentum steady. Sentiment: Recent boards/Reuters commentary show concentration 1.1550 – 1.1600, implying drift/pin into those strikes before the cut; stops reside under 1.1500 – 1.1520.  Today: 15:00 NY cut magnet risk; Thu 13:30: US CPI. Chart by TradingView – EURUSD Trade Setup -12th Nov Conclusion EUR/USD continues to present an asymmetric, high-conviction opportunity on the long side—supported by converging macro, technical, and sentiment factors. The combination of softening U.S. data momentum, sustained euro resilience, and clear technical support beneath 1.1550 defines a favorable risk/reward structure for traders with disciplined positioning ahead of U.S. CPI. A sustained daily close above 1.1600 would confirm breakout momentum, opening the door toward the 1.1630 and 1.1680 targets. With well-defined invalidation at 1.1485, this setup offers precision, clarity, and a measured path for trend continuation into the end of the week, embodying the kind of A+ structure that aligns with our disciplined, data-driven trading framework. This analysis is for informational purposes only and does not constitute investment advice. Trading involves risk; manage exposure accordingly. For similar FX Trade Setups please visit our FX Trade Ideas page. Please visit our Disclaimer page. Disclaimer Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. TerraBullMarkets.com does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets or any financial instrument involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TerraBullMarkets.com nor any of its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. TerraBullMarkets.com and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. TerraBullMarkets.com and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and TerraBullMarkets.com are not registered investment advisors and nothing in this article is intended to be investment advice. TerraBullMarkets...