EURUSD SMC – Rejection at Resistance, Liquidity Below in Focus

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EURUSD SMC – Rejection at Resistance, Liquidity Below in FocusEUR/USDOANDA:EURUSDProfessor-Gold-SignalsEURUSD is currently trading around the 1.1745 region, approaching a key resistance zone while showing signs of slowing bullish momentum. 🔍 Market Structure Insight (1H): On the intraday timeframe, price is struggling to sustain higher highs, indicating potential exhaustion near resistance. The structure suggests a possible distribution phase, with sellers becoming active at elevated levels. 📈 Bullish Scenario: If price manages to break and hold above the 1.1762 resistance, it may trigger a short-term continuation higher as buyers regain control. 📉 Bearish Scenario: Due to: = Strong US Dollar weighing on the pair = Rejection risk at key resistance = Weakening momentum near highs EURUSD may face rejection from the 1.1762 zone, and a break below the 1.1683 support could open the path toward the 1.1640 target, aligning with a lower liquidity zone. ⚠️ Key Levels to Watch: Resistance: 1.1762 Support: 1.1683 💡 Trading Idea (SMC + Technicals): Watch for rejection at resistance followed by a break of structure (BOS) below support. Pullbacks into bearish order blocks or fair value gaps (FVG) may offer continuation setups. SMC Key Concepts: = Buy-side liquidity near resistance = Distribution forming at highs = Bearish BOS below support confirms continuation = Sell-side liquidity resting near 1.1640 This is a personal market view based on price action, not financial advice. #EURUSD #Forex #TradingView #SmartMoney #TechnicalAnalysi