EURUSD – Swing Bearish biasEUR/USDOANDA:EURUSDazmi12321📉 EURUSD – Structural Breakdown Points Toward Deeper Sell‑Side Liquidity Targets Overview EURUSD has completed a clear structural shift on the 4H timeframe, breaking down from a long‑term ascending channel and forming a decisive Break of Structure (BoS) to the downside. Current order‑flow conditions show bearish momentum intact, with price aggressively moving away from the channel support and leaving behind a Daily Fair Value Gap (FVG) that has not yet been mitigated. The pair is now trading below key structural levels, hinting at a continued move lower toward unmitigated sell‑side liquidity resting beneath recent lows. ✅ Key Technical Observations 1. Ascending Channel Breakdown Price had been respecting a multi‑month ascending channel. The recent impulsive sell‑off clearly violated the lower channel boundary. This confirms a larger trend reversal rather than a short‑term correction. 2. Break of Structure (BoS) EURUSD broke below the previous higher‑low (HL) level. This establishes the first major bearish shift in market structure. 3. Daily Fair Value Gap (FVG) Above Price A large imbalance exists in the 1.1550–1.1600 region (approx.). This area acts as a potential retracement zone where sellers may re‑enter. Price has not yet returned to fill this inefficiency. 4. Sell‑Side Liquidity Below Liquidity pools identified around 1.1190–1.1200. This level aligns with prior equal lows and wick liquidity. A natural downside target for market makers / smart money models. 🎯 Trade Outlook 🔺 Retracement Zone (Short Re‑entry): 1.1550 – 1.1600 (Daily FVG + prior structural support turned resistance) 🔻 Bearish Target: 1.1190 (Sell‑side liquidity sweep area) 📉 Bias: Bearish until FVG is mitigated or structure shifts bullish. ✅ Trade Idea Summary Wait for a retracement into the Daily FVG. Look for bearish rejection signals (e.g., displacement, BOS on lower TF). Target liquidity below 1.1190. Maintain bearish bias while price remains below the channel and FVG.