EUR/USD SELL Pressure range rejection with 1.15002 Keep Eye

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EUR/USD SELL Pressure range rejection with 1.15002 Keep EyeEuro vs United States DollarTICKMILL:EURUSDMR_GOLD_12EUR/USD remains under pressure as price continues to struggle inside the current trading range. After failing to sustain moves toward the 1.1560–1.1570 resistance area, sellers have repeatedly stepped in, creating lower highs and keeping the pair below the upper range. The current structure suggests that buyers are losing momentum while sellers are defending the resistance zone. As long as price remains below 1.1560–1.1570, the bearish scenario remains valid from a technical perspective. fundamental reason for the cautious price action today. Markets are waiting for U.S. inflation data, which could influence expectations for the Federal Reserve's next interest-rate decision. Reuters reports that traders are closely watching the inflation release, while Fed officials have emphasized uncertainty around the future rate path. At the same time, Middle East tensions and higher oil prices are adding another layer of uncertainty to the currency market. Resistance Levels ; 1.15600 / 1.15800 Support Levels ; 1.15200 / 1.15002 As long Price break and hourly close below 1.1520 could increase the probability of a move toward 1.1500. However, if buyers reclaim 1.1560–1.1570 with strong momentum, the bearish setup would weaken and a recovery toward higher levels could develop. Hope you found this analysis helpful. 👍 Like, Comment & Follow for more updates. Trade safe.