Euro Futures (6E) – Bearish Drift Below ResistanceEuro FX FuturesCME:6E1!TakeProfit_1Euro Futures (6E) appears to be grinding lower showing clear signs of fading bullish momentum. After a bounce off 1.16160 support on July 17, Euro Futures (6E) made a failed push into 1.17995 resistance on Tuesday, July 22, a level that’s acted as a firm ceiling since June 26. Since then, price action has been in a descending broadening channel, often a precursor to further downside with expanding volatility as sellers control the tempo. As of 5:20 AM GMT, the structure points to continued weakness. I expect 6E to settle around 1.17170 – 1.16990 by close of Wednesday, July 23, 2025. 📉 Bias: Bearish 🔍 Pattern: Broadening Descending Channel 🕒 Date: July 23, 2025