EURUSD — Bearish Pressure Continues With No stop SignEuro vs US DollarFXPRO:EURUSDRendra_AzrulsyahThis analysis is a continuation of my previous EURUSD outlook, click here Bearish Scenario Bearish pressure continues to dominate EURUSD, with price currently attempting to break down from the Falling Wedge pattern. At this stage, there is still no significant bearish checkpoint below the current market structure. The main downside support target remains the 50% Fibonacci level at 1.1131. As long as bearish pressure continues and price remains below the key bullish confirmation level, the market may continue testing lower support. Bullish Confirmation Scenario On the bullish side, 1.1308 represents the current Lower High market structure and serves as the key bullish confirmation level. More importantly, this level is also positioned above the Falling Wedge resistance. Therefore, a meaningful bullish move would require price to break and hold above 1.1308. A confirmed breakout above this level would indicate that the current bearish structure is beginning to weaken. If the breakout is confirmed, the next bullish targets are: • 1.1337 • 1.1409 Until that happens, bullish movement should still be treated as a potential reaction within the broader bearish structure rather than a confirmed reversal. Key Levels Bearish Support Target: 1.1131 — Fibonacci 50% Bullish Confirmation: 1.1308 — Lower High / Falling Wedge breakout area Bullish Target 1: 1.1337 Bullish Target 2: 1.1409 Technical Outlook For now, EURUSD remains under bearish pressure while the market continues attempting to break below the Falling Wedge structure. I will continue monitoring EURUSD together with several other major and minor Forex pairs, and I will publish a new analysis whenever I identify another significant key level or a meaningful change in market structure. Disclaimer This analysis is provided for educational and informational purposes only and should not be considered financial or investment advice. Market conditions can change rapidly. Always perform your own analysis and use proper risk management before making any trading decision.