EURUSD – Rising Support Breakdown & Bearish Continuation Setup

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EURUSD – Rising Support Breakdown & Bearish Continuation SetupEUR/USDOANDA:EURUSDSamiraa_📊 EURUSD – Rising Support Breakdown & Bearish Continuation Setup 🔍 Market Overview EURUSD is beginning to lose its recent bullish structure on the 1H timeframe. After spending several sessions climbing along a rising support line, price failed to extend higher and started forming lower highs from the recent peak. The latest move below the ascending trendline is the key development. This support had helped maintain the recovery, so losing it suggests that buyers are no longer controlling the structure as cleanly as before. A short recovery toward the broken trendline is still possible, but unless price can reclaim the structure, the current setup favors further downside. 📉 Market Structure Insight Market Bias: Bearish Momentum: Weakening / Turning Lower Current Phase: Support Breakdown / Potential Bearish Continuation The shift from higher lows into lower highs, followed by the loss of rising support, suggests that EURUSD may be transitioning from an upward structure into a corrective bearish phase. 🔻 Trading Scenarios ✅ Bearish Scenario — Primary Bias Conditions: Price remains below the broken ascending trendline. Any recovery into the breakdown area struggles to hold. Sellers continue to defend the short-term descending resistance. Bearish momentum returns after a possible retest. Trade Plan: Rather than chasing the first drop, I would prefer to see price retest the broken structure and show another clear rejection. If sellers remain in control after that retest, EURUSD could continue lower toward: 🎯 Target: 1.14450 ❌ Bearish Invalidation Scenario The bearish idea would begin to weaken if EURUSD moves back above the broken trendline and successfully holds inside the previous rising structure. A strong recovery above the recent lower-high structure would suggest that the breakdown has failed and that buyers are regaining control. 📍 Key Levels to Monitor 🔴 Key Resistance: Broken rising support / short-term descending trendline 🟢 Main Downside Target: 1.14450 ⚠️ Trading Perspective The important signal here is not simply that price has moved lower. It is where the move happened. EURUSD has broken beneath a trendline that supported several previous pullbacks. If that former support now turns into resistance, it would provide much stronger confirmation that the market is shifting in favor of sellers. For that reason, a controlled retest would be more attractive than entering after an already extended bearish candle. 🧠 Professional Insight This setup is supported by: Loss of the previous rising support structure. Lower highs developing after the recent peak. Increasing pressure from the descending trendline. A possible support-to-resistance transition. Clear downside room if the breakdown is confirmed. The cleaner approach is to let price confirm that the broken trendline can no longer be reclaimed before expecting continuation toward 1.14450. 🛡️ Risk Management Define invalidation before entering. Avoid chasing price after a sharp bearish candle. Wait for confirmation around the broken structure. Keep position size appropriate for current volatility. Risk only what your trading plan allows. This analysis is for educational purposes only and should not be considered financial advice.