EUR/USD: Breakdown and Retest Setup Targets 1.13330Euro vs. US DollarFX:EURUSDElibri_Eugenπ EUR/USD remains under bearish pressure on the 1-hour chart, with price continuing to form lower highs and lower lows. The pair has broken below the local descending support near 1.1380. The breakdown was accompanied by a noticeable expansion in tick volume, confirming stronger market participation during the bearish impulse. π π Trade setup π» Direction: Short π Entry zone: 1.13740 π Stop Loss: 1.14030 π― Take Profit : 1.13330 The target at 1.13330 aligns with the broader descending trendline and a potential higher-timeframe support zone. π° Fundamental backdrop The European Central Bank kept its key interest rates unchanged and maintained a data-dependent policy stance. Although persistent energy inflation may keep price pressures elevated, concerns about weaker Eurozone growth continue to limit support for the Euro. Meanwhile, geopolitical uncertainty and defensive demand may continue to support the US Dollar. π΅ This fundamental backdrop remains consistent with the current bearish technical structure in EUR/USD. π Volume confirmation The increase in tick volume during the breakdown supports the strength of the bearish move. However, Forex volume on TradingView is tick-based, so it should be treated as confirmation of increased market activity rather than direct evidence of institutional selling. β οΈ Invalidation A confirmed H1 close above 1.14030 would invalidate the bearish setup.