EURUSD — BEARISH PRESSURE IS BUILDINGEUR/USDOANDA:EURUSDJordanSMCBased on the structure shown in your chart, my bias is bearish, with the potential for a much larger downside move if the current support area fails to produce a meaningful recovery. The key observation is the transition from the previous bullish phase into a clear sequence of lower highs and lower lows. Price rejected the higher resistance zone around 1.17–1.18 and has since been selling aggressively toward the 1.13–1.14 support region. What makes this setup interesting is the reaction around support. Instead of seeing a strong bullish displacement away from the zone, price has remained weak and is currently trading near the lower boundary. The repeated rejection candles underneath/around support suggest that buyers are struggling to regain control. My bearish scenario If EURUSD continues to trade below the 1.14 area and especially confirms a daily close below the current support structure, I would consider that a significant bearish confirmation. A sustained breakdown could open the door for: Support → Breakdown → Retest → Continuation Lower The ideal confirmation would be a clean break of support followed by a retest that fails to reclaim the broken zone. If sellers remain in control after that retest, the probability of continuation toward deeper downside liquidity increases. I would not treat the chart as a guaranteed prediction. Instead, I would wait for price action to confirm the bearish thesis. A strong reclaim of the support zone followed by bullish displacement would weaken or invalidate the immediate downside setup. Key levels 1.17–1.18: Major resistance / supply 1.14–1.13: Critical support zone Below 1.13: Bearish continuation territory Above 1.14 with strong reclaim: Bearish thesis becomes weaker The main idea: EURUSD is showing signs of losing its previous bullish structure. If support fails and sellers confirm the breakdown, this could develop into a large bearish trend continuation rather than simply a small pullback.