EURUSD — Global Outlook | MTF 1M → 1W → 1DEuro / U.S. DollarFOREXCOM:EURUSDfocusprofitEURUSD — Global Outlook | MTF 1M → 1W → 1D Higher-timeframe seller zone | Corrective scenario toward the discount zone EURUSD has approached a higher-timeframe seller zone after a bullish impulse that has been developing since January 2025. At this stage, the higher-timeframe structure points to a high probability of a corrective move toward the discount zone of the latest impulse. The monthly timeframe is showing a reaction from the resistance area after taking external liquidity. The weekly timeframe confirms buyer weakness through divergence and distribution within a compression structure. The daily timeframe is forming a zone from which the market may continue lower if confirmation appears. Definitions: OF — Order Flow OB — Order Block RB — Rejection Block MTV — Most Traded Volume Monthly Timeframe (1M) Monthly chart: Price took the monthly fractal and received a reaction from M RB (Monthly Rejection Block). At the same time, the market is trading in the premium zone, which increases the probability of a corrective move toward the monthly discount. An additional factor is the slowing of price movement and the formation of compression before the liquidity grab. This type of structure often signals weakening momentum before a reversal or corrective phase. It is also important that the taken monthly fractal is simultaneously a quarterly fractal, which increases the significance of the current reaction and strengthens the scenario of a move toward the discount zone. Quarterly chart: 1M Focus external monthly liquidity has been taken; a reaction from M RB has been received; the market is trading in the premium zone; the base expectation is a correction toward the monthly discount. Key area of interest below: M OF (Monthly Order Flow): 1.01775 – 1.12140 Weekly Timeframe (1W) Weekly chart: On the weekly timeframe, W MTV (Weekly Most Traded Volume) and W FVG zones have formed. Since June 2025, price has been moving in a sideways compression structure, which can be interpreted as a distribution phase of previously accumulated positions. An additional confirmation comes from the divergence between price and RSI. The market is taking liquidity, but the indicator does not confirm buyer strength. This points to weakening buying pressure and increases the probability that the current bullish move was completing without stable demand support. RSI confirmation: Taken together, the weekly structure confirms seller strength. At the same time, W MTV acts as the main reaction zone, while W FVG and M RB located inside it refine the areas from which price may continue moving lower toward the discount zone. 1W Focus W MTV and W FVG have formed; there is divergence between price and RSI; the sideways compression structure may reflect distribution; W MTV acts as the main seller reaction zone; inside W MTV, W FVG and M RB are located, and price may also react from these areas if reached. Refined area of interest below: W OF (Weekly Order Flow): 1.07332 – 1.09548 Daily Timeframe (1D) Daily chart: On the daily timeframe, price is approaching the W MTV zone. Inside this area, W FVG and M RB are located, and the market may also react from them if price reaches those levels. This supports the scenario of continued downside movement if confirmation appears. The daily timeframe is now becoming the execution context for confirming the scenario. As long as price remains below the higher-timeframe resistance zone, the priority remains on a move lower toward the discount area. 1D Focus we expect price to react from the weekly resistance zone; W MTV acts as the main reaction area; inside W MTV, W FVG and M RB refine the potential zones for downside continuation; the daily timeframe may provide confirmation for further downside continuation. Targets and areas of interest In the discount zone, the following key areas are located: M OF (Monthly Order Flow): 1.01775 – 1.12140 W OF (Weekly Order Flow): 1.07332 – 1.09548 Both zones remain untested, which increases the probability of a strong buyer reaction once price reaches the discount area. Conclusion EURUSD has been in a bullish impulse since January 2025 and has now reached a higher-timeframe seller zone, from which it is already receiving a reaction. The monthly and quarterly liquidity grab, the reaction from M RB, the compression before the liquidity sweep, the weekly divergence, and the lack of confirmation of buyer strength on RSI all support the corrective scenario. The base expectation is a continuation toward the discount zone of the last bullish impulse. For a deeper bullish continuation, the market may first need to take internal liquidity lower, inside the monthly discount zone. Base scenario: correction toward M OF / W OF. Priority: bearish continuation if lower-timeframe confirmation appears. What do you think? Do you see EURUSD moving into a correction toward the discount zone, or will buyers manage to hold the market above the current higher-timeframe resistance area? This is not investment advice. This material is published for educational purposes only and reflects the author’s view of market structure.