EURUSD

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EURUSD Euro vs US DollarICMARKETS:EURUSDMARKET_WIZARD1EUR/USD is currently showing signs of rejection from the upper resistance area, with price struggling to break and sustain above the 1.1570–1.1580 zone. Price is also trading around the bearish order-block area near 1.1550–1.1556, making this an important zone for sellers a confirmed break below the 1.1530–1.1535 support area could strengthen bearish momentum and open the way toward the next downside levels. The current market backdrop also keeps the US CPI/Fed expectations important for EUR/USD. Recent weak U.S. jobs data has pressured the dollar, while traders are watching upcoming inflation data for the next major directional catalyst. 🔴 SELL Setup 🔴 1st Support / Target: 1.1524 🔴 2nd Support / Target: 1.1512 🟢 Resistance Zone: 1.1550 – 1.1556 🟢 Major Resistance: 1.1570 – 1.1580 ⚠️ Confirmation: A clean M30 close below 1.1530 may increase the probability of further downside. A strong reclaim above the bearish order block would weaken the sell setup. ⚠️ Disclaimer: This analysis is for educational purposes only. Trade with proper risk management.