EURUSD: Bearish Rejection from Supply Zone - Short SetupEuro vs. US DollarFX:EURUSDGold_paid_SignalsHello Traders, Here is my technical outlook for EURUSD on the 1-Hour chart. Key Technical Highlights: - Strong Rejection: Price spiked into the major supply/resistance zone (1.15600 - 1.15700) and faced a sharp rejection, indicating heavy selling pressure. - Liquidity Sweep: Highs were swept before reversing, confirming a potential fakeout above the resistance level. - Target Demand Area: Price is expected to push down toward the previous consolidation/demand zone at 1.15200. Trade Execution Plan: • Entry Price: 1.15537 • Stop Loss (SL): 1.15754 • Take Profit (TP): 1.15200 • Risk to Reward Ratio: ~1:1.55 Always practice proper risk management and wait for confirmation. What are your thoughts on this setup? Let me know in the comments!