EUR/USD | Structural Breakdown + Macro ContextEuro / United States DollarCMCMARKETS:EURUSDWavervanir_International_LLC⚙️ EUR/USD | Structural Breakdown + Macro Context The Euro just confirmed a macro structural break after multiple rejections from the premium distribution zone (1.17–1.18). This is the first major bearish shift in structure since early 2024 — marking a potential mid-cycle rotation as global liquidity compresses. Technical Breakdown Current Level: 1.1603 Structure: Break of structure (BOS) + CHoCH under trendline Premium Zone: 1.1725 → 1.1800 (distribution complete) Next Demand Zone: 1.1200 → 1.1140 (first equilibrium sweep target) Deeper Liquidity Zone: 1.0850 → 1.0750 (Smart Money re-entry base) RSI (1D): 40.7 → momentum building on the downside VolanX DSS Forecast 🧭 Short-term Bias: Bearish continuation below 1.165 📉 Mid-term Objective: Sweep 1.1200 → retest 1.1144 📈 Long-term Reversal Zone: 1.08–1.07 → likely base for Q1–Q2 2026 recovery ⚫ Invalidation: Reclaim and hold >1.175 Macro Context The macro landscape favors the USD carry trade and defensive capital rotation: ECB stance: Still lagging on rate cuts compared to Fed pivot expectations. USD Liquidity: Slightly tighter — strengthening dollar demand across global risk unwinds. Eurozone Data: Manufacturing and PMI readings remain weak, weighing on the currency. Risk Correlation: EUR/USD moving inversely with DXY’s risk-off impulse. If global indices (SPY/NASDAQ) extend their correction, EUR/USD could accelerate toward the 1.11–1.08 zone as capital moves into USD-based assets. VolanX DSS Alignment HorizonBiasZoneProbability Short-term⬇️ Bearish1.160 → 1.12070% Mid-term⬇️ Bearish1.114 → 1.08525% Long-term⬆️ Bullish1.08 → 1.175% Trading Insight Swing Plan: Short rejections below 1.165 → targets 1.12 / 1.085. Long Setup: Wait for liquidity sweep + bullish CHoCH from 1.08 base. Macro Confirmation: USD strength sustained through Q4 supports continuation. “Liquidity has memory — Smart Money never forgets where it’s trapped.” #EURUSD #VolanX #Macro #Forex #SmartMoney #Liquidity #ECB #USD #WaverVanir