EUR/USD AI Live Scan, 4-hour chart, Wednesday, 11 November 2026

Every read JAFX AI made on the EUR/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

22:01 UTC

Downtrend, range floor broken · RSI 29 · price 1.10893

Lower highs from 1.1273, break below five-week range floor.

The five-week 1.1104–1.1273 range gave way after Tuesday's hot US CPI beat. Price sliced through the range floor at 1.1104 to a 1.1082 swing low, and the lower high at 1.1251 under the 1.1273 peak framed the turn. EMA20 has crossed below EMA50 with price under both, and RSI at 28.8 is oversold while ATR(14) at 24.6 pips holds steady rather than expanding; the fib off the 1.1251–1.1082 leg puts the 50% near 1.1167, between the ema20 and ema50.

Support: 1.10822, 1.1000

Resistance: 1.11042, 1.11601, 1.11794

What it said to watch

  • H4 close back above the 1.1104 range floor would mark the break as a false break and turn the old floor into a retest zone
  • Failure to hold the 1.1082 swing low opens the 1.1000 round number
  • Reclaim of the ema20 at 1.1160 would break the lower-high sequence along the lower highs trendline
  • Lagarde Thu 19:30 GMT and US PPI Fri 13:30 UTC could materially shift this read

18:01 UTC

Downtrend, oversold after range break · RSI 29 · price 1.10925

Lower highs from 1.1273; range floor at 1.1104 broken.

The pair broke below the 1.1104 range floor that held since late October and printed a 1.1082 swing low. Hot US CPI and Waller's 50bp talk lifted the USD, and lower highs at 1.1273 and 1.1251 cap the structure. EMA20 (1.1168) has crossed below EMA50 (1.1183) with price under both, RSI at 29.3 is oversold, and ATR(14) at 25.9 pips sits near its recent average rather than expanding.

Support: 1.10822, 1.1000

Resistance: 1.11042, 1.11676, 1.12511

What it said to watch

  • H4 close back above the 1.1104 range floor would mark the range break as a false break
  • Hold below the 1.1082 swing low leaves the 1.1000 round number as the next reference
  • A recovery that stalls at the ema20 near 1.1168, inside the 38-50% fib of the post-CPI drop, keeps the lower-high sequence intact
  • Only a close above the 1.1251 lower high breaks the lower-highs trendline structure
  • Lagarde (Thu 19:30 UTC) and US core PPI (Fri 13:30 UTC) could materially shift this read

14:01 UTC

Downtrend, range floor giving way · RSI 31 · price 1.10959

Lower high at 1.1251 below 1.1273, now pressing under the 1.1104 range floor.

The three-week 1.1104-1.1273 range is giving way. The post-CPI leg from the 1.1251 lower high has carried price below the 1.1104 range floor after the hot US CPI and core beats reinforced Fed repricing. EMA(20) has crossed below EMA(50), and price trades under both. RSI at 31 sits just above oversold, and ATR(14) is edging back up from its 24-25 pip trough as the move extends.

Support: 1.1000

Resistance: 1.11042, 1.11755, 1.11868

What it said to watch

  • An H4 close back above the 1.1104 range floor would turn the break into a false break
  • The 1.1000 round number is the next obvious support if the range floor holds as a cap
  • A reclaim of ema20 near 1.1175 and ema50 near 1.1187 would neutralise the bearish ema cross
  • The lower highs trendline from 1.1273 caps rebounds; a break above it challenges the downtrend read
  • US core PPI Fri 13:30 UTC and Lagarde Thu 19:30 UTC could materially shift this read

10:00 UTC

Range-bound, rolling over in lower half · RSI 37 · price 1.11376

Lower high at 1.1251 inside a 1.1104-1.1273 range; price back on the swing low.

EURUSD is still inside a three-week 1.1104-1.1273 range. The rebound faded at a 1.1251 lower high, and Tuesday's hot US CPI print sent price back to the 1.1131 swing low, which is now being tested for a second time. EMA(20) has crossed below EMA(50) with price under both and RSI at 36.7, while ATR(14) has eased to 25.2 pips from about 30, a compressing regime that is pressing on support.

Support: 1.1131, 1.1104

Resistance: 1.1183, 1.1190, 1.1251

What it said to watch

  • H4 close below the 1.1131 swing low exposes the 1.1104 range floor
  • Recovery above ema20 at 1.1183 and ema50 at 1.1190 would neutralise the bearish EMA cross
  • A break through the 1.1251 lower high restores the upper-range read
  • Lagarde today and Thu, plus Fri US core PPI, could materially shift this read

06:01 UTC

Range-bound, short-term momentum turning lower · RSI 41 · price 1.1159

Lower highs from 1.1273 against higher lows from 1.1104; contracting range.

Yesterday's hot US CPI print knocked EURUSD from the 1.1251 lower high down to the 1.1145 swing low. Price now sits below the ema20 (1.1188) and EMA50 (1.1192), and the EMA20 has slipped back under the EMA50 after a brief cross above. The broader picture is a contracting 1.1104-1.1273 range, with lower highs from the range high pressing against higher lows off the range low. ATR(14) has eased to 25 pips from 31, consistent with compression, and RSI at 41.4 is soft but not oversold.

Support: 1.11448, 1.11308, 1.11042

Resistance: 1.11877, 1.12511, 1.12728

What it said to watch

  • German final HICP (07:00 UTC) and Lagarde (09:45 UTC) today could materially shift this read
  • H4 close below the 1.1145 swing low breaks the higher-lows trendline and exposes the 1.1131 prior low, then the 1.1104 range low
  • Recovery above the ema20 near 1.1188 would put the 1.1251 lower high back in play; a close above 1.1273 range high ends the contraction
  • Fri US PPI is the next USD risk for the 50bp Fed hike debate
  • The cpi drop fib caps the bounce from 1.1145; a hold below its 38.2% (~1.1185) keeps the leg intact

02:01 UTC

Sideways, lower highs pressing on rising lows · RSI 43 · price 1.11686

Contracting range: lower highs from 1.1273, higher lows from 1.1104.

Price is coiling between lower highs off the 1.1273 swing high and rising lows from the 1.1104 range floor. The hot US CPI print capped the rally at the 1.1251 lower high and sent the pair back to the 1.1145 cpi low, retracing about two-thirds of the rally fib from the 1.1131 swing low. The rebound is stalling below the EMA(20) and the ema50 at 1.1194, with the EMA(20) crossing back under the EMA(50); ATR(14) at 26 pips sits near the compressed end of its recent range, consistent with a narrowing structure.

Support: 1.11448, 1.11308, 1.11042

Resistance: 1.11936, 1.12511, 1.12728

What it said to watch

  • H4 close below the 1.1145 cpi low breaks the rising lows line and exposes the 1.1131 swing low, then the 1.1104 range floor
  • Recovery above the ema50 at 1.1194 would put the 1.1251 lower high back in focus; a close above it breaks the lower highs sequence toward the 1.1273 swing high
  • German final HICP (07:00 UTC) and Lagarde (09:45 UTC) inside the next two bars could materially shift this read
  • Fri US PPI is the next USD driver for a test of either edge of the contracting range

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