EURUSD Outlook: Bearish Pressure Eyes 1.16300Euro vs US DollarPEPPERSTONE:EURUSDDorian_UnugureanuEURUSD is shaping up to be quite intriguing right now. Recently, it’s taken on a new look, and the pattern is leaning more bearish than bullish. The latest move is particularly interesting because it shows signs of an early recovery, while the selling pressure has started to ease off. The next step could be a break of the trendline with some pressure, followed by red candles showing that the bears are in control. This all points towards a potential decline. My focus is on a target around 1.16300. If we see this play out, it will mark a compelling chapter in the EURUSD story we’ve been following. This setup is quite exciting. The story is unfolding, but we’ll need patience and confirmation before taking action.