Is Price Setting Up for a Lower High Reversal?Euro vs US DollarPEPPERSTONE:EURUSDCabeeroAfter analyzing the chart, price is currently trading within a lower timeframe (LTF) supply zone at 1.17235, positioned just below a higher timeframe (HTF) supply at 1.17419, indicating a stacked supply confluence. This suggests a high probability of short-term rejection from the current level. From this zone, price is expected to decline toward the 1.16967 demand area, where a temporary reaction or support is likely. A bounce from this demand could drive price higher again, potentially attempting a test or liquidity sweep into the HTF supply at 1.17419. However, unless price establishes strong acceptance above the HTF supply, the overall structure favors continued bearish pressure, with a likely downside extension toward 1.16525, a key level where price previously found support.