EURUSD: Bearish Drop to 1.141?

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EURUSD: Bearish Drop to 1.141?Euro vs. US DollarFX:EURUSDMaster_HunterEURUSD is eyeing a bearish reversal on the 4-hour chart, with price testing resistance after recent consolidation, converging with a potential entry zone that could trigger downside momentum if sellers defend amid volatility. This setup suggests a pullback opportunity post-rally, targeting lower support levels with approximately 1:5 risk-reward.πŸ”₯ Entry between 1.161–1.163 (entry from current price with proper risk management is recommended). Target at 1.141. Set a stop loss at a daily close above 1.165, yielding a risk-reward ratio of close to 1:5. Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging the pair's weakness near resistance.🌟 Fundamentally, EURUSD is trading around 1.162 in mid-June 2026. For the Euro, one of the most important events is the ECB President Lagarde Speech and related Eurozone data (including ZEW Economic Sentiment), where dovish tones or soft confidence numbers would further pressure EUR amid expectations of continued ECB easing. For the US Dollar, the highlight of the week is the FOMC Interest Rate Decision and Waresh’s press conference (around June 17-18), along with key inflation data like PPI and Retail Sales β€” hotter-than-expected figures would strengthen USD significantly and support bearish pressure on the pair. πŸ’‘ πŸ“ Trade Setup 🎯 Entry (Short): 1.161 – 1.163 (Entry from current price is valid with proper risk & position sizing.) 🎯 Target: β€’ 1.141 ❌ Stop Loss: β€’ Daily close above 1.165 βš–οΈ Risk-to-Reward: β€’ ~ 1:5 πŸ’‘ Does EURUSD begin a deeper correction toward 1.141 as sellers defend resistance, or will buyers absorb the pressure and extend the broader uptrend beyond 1.165? πŸ‘‡