EURUSD Bearish Reversal — Strong Downside SetupEUR/USDOANDA:EURUSDGlobal_Gold_InsightsEURUSD H1 Bearish Breakdown — Sellers Target 1.15226 EURUSD is showing a strong bearish breakdown on the H1 timeframe after spending several sessions consolidating below the major resistance and supply zones. Price recently experienced an aggressive downside move from the 1.1650–1.1660 region and broke through the nearby support structure, accelerating toward the highlighted demand area around 1.1570–1.1580. The current price action suggests that sellers remain in control, while the chart structure points toward a possible continuation toward the marked target near 1.15226. 📊 Trading Perspective The overall short-term structure has shifted strongly bearish. The earlier bullish advance created liquidity around the upper levels, followed by repeated rejections from the 1.1670–1.1690 supply region. After several lower highs and bearish breaks of structure, EURUSD finally experienced a sharp impulsive decline. The recent selloff is significant because price has broken below the previous consolidation range and moved rapidly toward the strong-low/demand area. This keeps the bearish continuation scenario active, but traders should remain cautious about chasing the move after a large impulsive candle. A temporary pullback or retest of broken support could occur before another downside leg. 🎯 Bearish Scenario The primary bearish scenario remains active while EURUSD stays below the broken 1.1600–1.1620 area. If price makes a corrective pullback and sellers defend this region, another bearish wave could develop. A sustained move below the current 1.1570–1.1580 support zone would strengthen the continuation setup. The first downside objective would be around 1.1560, followed by 1.1540. The main target marked on the chart is approximately 1.15226. If price reaches 1.15226 with strong bearish momentum, traders should monitor the reaction carefully. A clean breakdown below this target could expose the 1.1500 psychological level and potentially lower support zones. Bearish target path: • 1.1570 — immediate support / decision zone • 1.1560 — first downside objective • 1.1540 — intermediate support • 1.15226 — primary chart target • 1.1500 — psychological support if selling accelerates 📈 Bullish Scenario Although the short-term structure is bearish, a corrective recovery remains possible after the sharp decline. If EURUSD holds the 1.1570–1.1580 demand area and buyers begin forming higher lows, price could attempt a rebound. The first bullish recovery level would be 1.1600. A reclaim of 1.1600 could lead toward 1.1620–1.1635. If buyers manage to reclaim 1.1635 and hold above it, the bearish breakdown would begin losing strength. A stronger recovery above 1.1650 could shift attention toward the 1.1660–1.1680 resistance/supply zones. However, the larger bullish reversal would require price to reclaim the upper resistance areas and invalidate the sequence of lower highs. Bullish recovery path: • 1.1600 — initial recovery level • 1.1620 — important resistance • 1.1635 — recovery confirmation area • 1.1650 — key resistance • 1.1660–1.1680 — major supply zone • 1.1700–1.1710 — higher resistance / weak-high area 🔑 Key Points • EURUSD has developed strong bearish momentum on the H1 timeframe. • The market repeatedly rejected the upper supply areas before the latest decline. • The 1.1670–1.1690 region remains an important resistance and supply zone. • Multiple bearish breaks of structure appeared before the current impulsive move. • Price has now broken below the 1.1600 area with strong momentum. • The 1.1570–1.1580 region is currently an important demand/support area. • A break below this zone would strengthen the bearish continuation scenario. • The main downside target marked on the chart is 1.15226. • The 1.1500 level becomes relevant if sellers continue pushing below the main target. • A corrective pullback toward 1.1600–1.1620 should not automatically be interpreted as a bullish reversal. • Sellers maintaining control below 1.1635 would keep the bearish structure favored. • A sustained reclaim of 1.1650 would weaken the immediate bearish outlook. • The 1.1660–1.1680 region remains a major resistance area. • Strong volume during the recent decline indicates significant participation in the bearish move. • Price action around the current demand zone will determine whether the market continues lower or starts a corrective recovery. 📉 Trade Plan For the bearish setup, traders can monitor any corrective recovery toward the broken support/resistance area around 1.1600–1.1620. If price rejects this region and forms a bearish continuation pattern, sellers could look toward 1.1570, 1.1560, 1.1540 and ultimately the main target around 1.15226. Another bearish confirmation would be a clean H1 breakdown below 1.1570 followed by a failed retest. Such price action would indicate that the demand zone has been lost and could increase the probability of a move toward 1.1540 and 1.15226. For the bullish scenario, traders should wait for price to stabilize above the 1.1570–1.1580 demand zone. A higher low followed by a reclaim of 1.1600 could initiate a corrective recovery. Further confirmation would come from a sustained move above 1.1620–1.1635. ⚠️ Risk Management The recent EURUSD decline has been very aggressive, so volatility may remain elevated. Entering after an extended bearish candle can create unfavorable risk-to-reward conditions. Waiting for a pullback, retest, or fresh bearish confirmation can provide a more structured trade opportunity. For bearish positions, invalidation should be based on the recovery structure and the resistance levels above. For bullish positions, the 1.1570–1.1580 demand zone should remain an important reference point. Traders should use appropriate position sizing and avoid risking more than their predetermined amount on a single setup. Overall, EURUSD remains under strong bearish pressure after the recent H1 breakdown. The immediate focus is the 1.1570–1.1580 demand zone. If sellers break this area and maintain momentum, the downside path toward 1.1560, 1.1540 and the main 1.15226 target becomes increasingly important. On the other hand, if buyers defend the current demand zone and reclaim 1.1600–1.1635, a corrective recovery toward 1.1650 and the higher supply zones could develop. For now, bearish continuation remains the primary scenario unless price successfully reclaims the broken resistance structure.