D1 EURUSD Bearish Channel – Lower High Structure Intact

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D1 EURUSD Bearish Channel – Lower High Structure IntactEuro/US DollarFX:EURUSDPip_Crest_FXEURUSD continues to respect a well-defined descending channel on the 4H timeframe. Price recently moved into the upper boundary area but is still trading within the channel, maintaining the bearish structure. The recent bounce appears corrective rather than a full reversal. As long as price remains below the upper channel resistance, downside pressure is likely to continue. A rejection from the current zone could lead to a move back toward lower support levels. Only a clean break and hold above the channel would shift the structure. Key Levels: Resistance: 1.1640 – 1.1670 Support: 1.1450 – 1.1400 Outlook: Bearish within the channel, watching for rejection from resistance for continuation lower.