The EURUSD is trading near the lows for the day, the week, and the year as the session moves toward the close. The selling pressure has pushed the pair close to a key technical level that, if broken, would take the price to its lowest level since November.

The low for today reached 1.1511, while Monday’s low came in at 1.1506, which currently stands as the lowest price of the trading year. A sustained move below that level would push the pair to new yearly lows and extend the bearish momentum.

Key downside targets

If the price breaks below 1.1506, traders will look toward the next technical support levels from the November trading range:

A move below those levels would take the pair to its lowest levels since August 2025, reinforcing the broader bearish bias.

Risk levels for sellers

For traders leaning bearish, the 1.1506 yearly low now becomes a key risk-defining level. Holding below it keeps sellers firmly in control and maintains pressure for further downside.

Upside levels to watch

On the topside, the first resistance zone comes in between:

A move back above that area would likely disappoint sellers looking for a continued push to new yearly lows and could trigger a corrective rebound.

If that resistance is broken, the next upside targets would come in near:

For now, however, the bias remains tilted to the downside as long as the pair trades near — or below — the yearly low area near 1.1506.