EURUSD 1H chart ...Euro/US DollarFX:EURUSDChristopher-Fx001EURUSD 1H chart π Whatβs happening Clear descending trendline resistance Price just rejected near the trendline (~1.1740β1.1750 area) I have marked a support/demand zone around 1.1650 Overall structure: lower highs β bearish bias π― Downside Targets π― Target 1 (primary support) β 1.1650 My marked demand zone High probability reaction level Good first take-profit π― Target 2 (breakdown continuation) β 1.1620 β 1.1600 Previous lows Liquidity below support If 1.1650 breaks cleanly π― Target 3 (extended move) β 1.1550 Higher timeframe support Only if strong bearish momentum continues β Invalidation Break and hold above 1.1750 β 1.1760 Clean breakout of trendline = bearish idea weakens Clean Summary TP1: 1.1650 TP2: 1.1620β1.1600 TP3: 1.1550