EUR/USD - 4H CHART - BIASEUR/USDOANDA:EURUSDMike_Forex_BTCEUR/USD 4H chart (OANDA, current price ~1.1395): Structure: Sharp decline from ~1.150 to a low near 1.132 (July 25) — the dominant swing. Recovery rally into early-mid July, topping out twice near 1.146–1.148 (July 3 and July 17) — a double-top-style rejection at the same resistance zone. Since July 21, price has been grinding lower again, making lower highs and lower lows, and is now testing the 1.138–1.140 support shelf (the same zone that held in mid-July). EUR/USD — 4H — Bias: Bearish-to-Neutral, testing key support 📉 Bearish scenario: Break and 4H close below 1.1380 → opens the door back toward the 1.132 swing low, since there's little structure between here and there. 📈 Bullish/reversal scenario: Hold 1.138–1.140 and reclaim 1.1440 → could see a relief move back toward 1.1460–1.1480 resistance (the double-top zone). Key levels: Resistance: 1.1440 → 1.1460–1.1480 (major) Support: 1.1380 → 1.1320 (major, prior swing low) Read: The repeated rejection near 1.146–1.148 shows sellers are defending that zone, and the pattern of lower highs since mid-July favors the downside while price stays below 1.1440. Current price sitting right on support means the next few 4H candles here matter — a clean breakdown vs. a bounce will set the tone.