EURUSD – Bearish Scenario: From 1.15800 Resistance to 1.14540EUR/USDOANDA:EURUSDMrJasim_07EURUSD 4H – Weak High Rejection & Bearish Reversal Setup 📉 EURUSD is showing a potential bearish reversal structure on the 4H chart after price pushed into the 1.1580 resistance area and formed a weak high. The recent rejection suggests that bullish momentum may be losing strength, while the marked regression structure and resistance zones provide a clear framework for a possible downside move. 📌 Key Points: • Major resistance is located around 1.1580–1.1585. • Price is currently holding near 1.1550, where the next directional move could develop. • A sustained rejection below the recent high would favor bearish momentum. • The 1.1520–1.1480 area is an important intermediate support/demand zone. • A clean break below this zone could open the way toward the marked target area. • The chart highlights 1.14540 as the primary bearish target zone. • Previous support around 1.1420 and 1.1360–1.1350 may become relevant if selling pressure accelerates. 🎯 Bearish Scenario: If EURUSD fails to reclaim 1.1580–1.1585 and sellers gain control, a move toward 1.1520 can be the first downside objective. A confirmed break below 1.1520 could expose 1.1480, followed by the main target around 1.14540. Extended bearish targets could be around 1.1420 and 1.1360–1.1350 if the correction develops into a larger reversal. 📈 Bullish Scenario: The bearish setup would weaken if price breaks and closes decisively above 1.1580–1.1585. Such a breakout could invalidate the immediate reversal idea and signal renewed bullish momentum. If buyers maintain acceptance above the weak high, the next upside area could be around 1.1600–1.1620, with further continuation depending on momentum and market structure. 📊 Trading Perspective: From a trading perspective, the key is confirmation rather than chasing the move. A rejection from the 1.1580 resistance zone followed by a lower high and bearish candle confirmation would strengthen the short-side setup. Traders can monitor 1.1520 as an important confirmation/support level. For the bullish side, a strong 4H close above the 1.1580–1.1585 resistance zone would be an important signal that sellers are losing control. ⚠️ Risk Management: • Avoid entering directly in the middle of the range. • Wait for confirmation around resistance or support. • Keep stop-loss levels beyond the invalidation zone. • Consider scaling targets rather than expecting the full move immediately. • Manage position size according to your risk tolerance. Overall, EURUSD remains at an important decision area. The rejection near 1.1580 keeps the bearish scenario attractive, with 1.1520, 1.1480 and 1.14540 as key downside levels. A decisive breakout above 1.1580–1.1585 would shift the structure back toward a bullish continuation scenario. 📉📈🎯