EurusdEUR/USDOANDA:EURUSDFoxForexVIPTechnical Analysis: EUR/USD Executive Market Overview Timeframe: Daily (1D) Current Structure: Bearish Reversal from Supply Zone Market Structure & Historical Context On the daily timeframe, EUR/USD has completed a complex structural sequence within its macro range. Following a prolonged corrective phase, price action established a firm bottoming pattern characterized by an Engulf at the recent swing low, successfully penetrating historical liquidity. Subsequent internal price movements completed a Mitigation sequence at lower demand zones, effectively absorbing remaining sell orders and clearing the path for a sustained bullish drive toward overhead supply. Liquidity Sweep & Supply Zone Reaction The upward expansion pushed price directly into a significant Fresh Flag zone higher up the structure. Upon entering this supply area, price executed a precise Liquidity Sweep above the Kink level ("Price swept the liquidity behind the Kink"). This rapid probe above the structural high trapped breakout buyers and triggered stop-loss liquidity (buy-stops) resting behind the Kink's distal boundary. Rather than holding above this level, price immediately rejected the zone, confirming institutional distribution and the lack of buyers at higher prices. Forecast & Trading Scenario With overhead liquidity thoroughly consumed and internal demand mitigated, the structural bias shifts firmly back to the downside. The strong rejection from the Fresh Flag indicates that smart money has repositioned for the next primary expansion phase. As projected on the chart, the primary Scenario anticipates a continued bearish impulse aiming for deeper internal sell-side liquidity pools below current market levels.