EUR/USD - USD Recovers, Bears Return!

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EUR/USD - USD Recovers, Bears Return!EUR/USDOANDA:EURUSDAuricVerse_HQHi traders, do you think this loss of 1.1520 is clear enough? EURUSD is under renewed pressure after failing to break the descending trendline and remaining below the Ichimoku cloud. The price breaking below 1.1520 makes the H1 chart structure lean more towards sellers. In my view, if the price rebounds but is rejected around 1.1520–1.1540, I still favor a further decline to: 🎯 Target: 1.1490 Short-term macroeconomic factors are also slightly supporting this scenario as the USD recovers after the CPI, pulling EURUSD down to multi-day lows. The US PPI tonight remains a major catalyst and could quickly change the momentum of the pair. I will not chase the bottom. A failed retest around the sell zone would provide a better setup. If the price recovers to 1.1540–1.1550, the current downward pressure will weaken. AURICVERSE View: Sellers have the advantage, but a retest of 1.1520–1.1540 is the most important area to watch. How are you reading this structure? Share your view below.