EUR/USD: Bearish Drop to 1.1483?Euro/US DollarFX:EURUSDMaster_HunterAs the previous analysis worked exactly as predicted, EURUSD is flashing bearish signals on the 4-hour chart, with price forming successive lower highs under a downward trendline, indicating sustained selling pressure and potential for a downside continuation if resistance holds firm. The setup aligns near the resistance zone for a high-probability short, especially as the pair tests key levels amid recent volatility. Entry zone between 1.1638-1.1656 for a short position. Target at 1.1483 near the support zone, delivering a risk-reward ratio close to 1:4. Set a stop loss on a close above 1.16775 to protect against upside breaks. 🌟 Look for confirmation on a break below the entry with increasing volume, amid ongoing USD strength versus the EUR. Fundamentally, the pair has fallen to around 1.1594 as markets await key US data today, including manufacturing and construction releases, which could reinforce USD if positive—potentially pressuring EUR further amid low volatility and a lingering upward bias from last week's channel breakout. 💡 📝 Trade Setup 🎯 Entry Zone: 1.1638 – 1.1656 (short position) 🎯 Target: 1.1483 (major support zone) ❌ Stop Loss: Close above 1.16775 ⚖️ Risk-to-Reward: Approximately 1:4 What's your outlook on this setup? Drop your thoughts below! 👇