EURUSD: Sellers Hold the Pace After BreakoutEUR/USDOANDA:EURUSDParadise_NoirOn the H4 timeframe, EURUSD broke out of its previous sideways range with a sharp decline, indicating that sellers have regained control after several sessions of consolidation. Currently, the price is recovering slightly but remains below the near resistance zone of 1.1580 and below the Ichimoku cloud, so this upward movement is not yet sufficient to confirm a reversal. Notably, the old sideways range has now become a resistance zone. If EURUSD recovers but fails to reclaim this area, it may only be a retest before the downtrend continues to expand. Regarding news, the USD is still being supported by strong US labor data, while the market awaits US CPI data. This makes a sustainable recovery difficult for EURUSD, although the EUR still has some support from expectations that the ECB will maintain its hawkish stance. Main scenario: if the price is rejected below 1.1580, EURUSD could retest 1.1500. If this area is broken, downward pressure will become more apparent. Reference strategy: SELL around 1.1570 – 1.1580 if there is a rejection candle. SL: above 1.1610 TP: 1.1500