EURUSD β Bearish Breakdown OutlookEuro/US DollarFX:EURUSDSHAY_ANALYTICSπ EURUSD β Bearish Breakdown Outlook π Market Overview EURUSD has recently shown a clear rejection from a confluence resistance zone, where a descending trendline aligns with a horizontal supply area. This rejection signals weakening bullish intent and a shift back toward seller dominance. The latest price action reflects a breakdown from short-term support, indicating that the market may be transitioning into a continuation phase to the downside. π Structure Insight * Trend Bias: Bearish * Structure Behavior: Lower high followed by breakdown * Current Phase: Distribution β downside expansion Price is now trading below key resistance, suggesting that sellers are maintaining control and pushing the market toward lower levels. π Trading Scenarios β Bearish Scenario (Primary Bias) Conditions: * Price stays below 1.1745 β 1.1755 resistance zone * Rejection from trendline remains valid * Continued bearish candles confirm pressure Approach: Look for sell opportunities on minor pullbacks or retests of resistance. π― Target 1: 1.1659 π― Target 2: 1.1620 β Bullish Scenario (Invalidation Case) Conditions: * Strong breakout above resistance + trendline * Formation of higher high structure Approach: Buy setups only after confirmed breakout and successful retest. π― Upside Target 1: 1.1780 π― Upside Target 2: 1.1820 π Key Levels π΄ Resistance Zone: 1.1745 β 1.1755 π’ Immediate Support: 1.1659 β οΈ Major Support: 1.1620 β οΈ Trading Perspective The market is displaying a rejection-to-breakdown pattern, where price fails at resistance and begins to move lower. This type of setup often leads to continuation as long as resistance remains intact. π§ Professional Insight This is a momentum continuation setup, where optimal trades are found at: * Resistance retests * Weak corrective pullbacks * Confirmation of bearish pressure Avoid entering mid-move β focus on structured entries. π‘οΈ Risk Management * Risk only 1β2% per trade * Stop loss above resistance * Wait for confirmation before execution