#EURUSD: Rejection at 1.18, Correction Within RangeEuro/US DollarFX:EURUSDStriforEURUSD remains in a corrective phase after failing to hold above the key 1.18 resistance. Price is now trading within the 1.177–1.16 range, with pressure driven by a temporary risk-off shift and a rate differential favoring the U.S. dollar (3.75% vs 2.15%). Despite the pullback, this is still a correction rather than a reversal. A true bearish shift would require a break below the 1.157 support.