# EUR/USD Daily Market Update

> EUR/USD breaks weekly low, targeting 0.20, 0.30 Fibonacci levels for Friday's bullish shift.
- Title: EUR/USD Daily Market Update · TradingView | Shortify
- Summary: EUR/USD breaks weekly low, targeting 0.20, 0.30 Fibonacci levels for Friday's bullish shift.
- Keywords: eur usd, fibonacci retracement, market structure shift, bullish reversal, short term countertrend, tradingview
- Source: TradingView — https://tradingview.com/chart/EURUSD/m41MsaLO-EUR-USD-Daily-Market-Update-November-12-2026
- Published: 2026-11-12T18:06:07+00:00
- Read time: 1 min
- Topics: eur usd, fibonacci retracement, market structure shift, bullish reversal, short term countertrend, tradingview, business, finance
## EUR/USD Trend Analysis
EUR/USD has been in a clear bearish trend since Tuesday, losing more than 200 pips.
## Weekly Low Break
Price broke the Weekly Low, taking out significant sellside liquidity.
## Friday Focus
Key focus for Friday: today's daily candle close, potential bullish market structure shift, long entry confirmation from today's low, and fibonacci targets at 0.20, 0.30.
## Key takeaway

EUR/USD drops below weekly low, aiming for 0.20, 0.30 Fibonacci retracement levels on Friday for potential market structure shift.