EURUSD: Massive Support Broken.Is a Drop to 1.1450 Next?EUR/USDOANDA:EURUSDFxBrokerSignalsHello Traders, Looking at the EURUSD Daily Chart, we are seeing a highly significant technical breakdown unfold. The bears have taken full control of the price action, and a major support level has just gone up in smoke. Here is the full technical breakdown of what is happening right now: 🔍 Technical Overview: The Breakdown: Price had been holding steadily above a key horizontal support zone around the 1.1580 - 1.1600 level throughout late April and May. However, the current daily candle has decisively broken below this zone with strong bearish momentum. Bearish Structure: This breakdown confirms a continuation of the lower-high and lower-low structure that has been forming since the peak in early May. The Target: With this immediate support cleared, there is a clear liquidity void below. The next major horizontal support target rests down at the 1.1450 psychological area, which acted as a massive historical turning point back in November and March. 🎯 Trading Plan: Immediate Bias: Strongly Bearish. Entry Strategies: Pullback Scenario: Looking for a potential retest of the broken support zone (now turned resistance) around 1.1580 - 1.1600 for a high-probability sell setup. Momentum Scenario: A sustained daily close below the current levels further validates the direct drop toward the lower target. Take Profit (TP): 1.1450 (Major Support Zone). Stop Loss (SL): Should be placed safely above the recent minor lower high or back inside the broken range (around 1.1630+) to invalidate the bearish setup. What do you think? Will EURUSD drop straight to 1.1450, or are we going to see a fakeout/liquidity hunt first? Let me know your thoughts in the comments below! 👇 If you find this analysis helpful, please support it with a Boost 🚀 and Follow for more daily setups! Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk properly.