EUR/USD Bearish Channel Breakdown – Targeting Demand ZoneEuro vs United States DollarTICKMILL:EURUSDGOLD-EMPIRE-PROThis 1-hour chart of **EUR/USD** shows a clear transition from a short-term bullish reversal into a sustained bearish structure. After forming a **double bottom**, price pushed higher and created a **break of structure (BoS)**, signaling bullish intent. However, that momentum failed to continue, and the market shifted into a **descending channel**, indicating consistent lower highs and lower lows. Within this channel: * Price respects the upper and lower trendlines, confirming a controlled bearish trend. * Recent price action is consolidating near the lower boundary, suggesting potential continuation. ### **Target:** The projected move is a **break below the channel**, with price likely heading toward the highlighted **demand zone around 1.1480–1.1490**. ### **Bias:** * **Short-term:** Bearish * **Confirmation:** A clean breakdown and close below the channel support * **Invalidation:** Strong bullish breakout above the channel верх trendline Overall, this setup favors **selling rallies or breakdown continuation** into the target zone.