EUR/USD Facing Strong Downside Pressure

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EUR/USD Facing Strong Downside PressureEuro / U.S. DollarFOREXCOM:EURUSDDynamic_Trade_Strategies📉 EUR/USD is currently showing strong bearish momentum after failing to maintain its bullish breakout structure on the 15-minute timeframe. The chart highlights a clear consolidation zone where price moved sideways before sellers gained control of the market. After rejecting the upper resistance area near 1.1650, the pair formed a bearish breakout below the support trendline, confirming downward pressure. ⚠️ Market sentiment has shifted in favor of sellers as price continues making lower highs and weaker bullish retracements. The breakdown from consolidation indicates that bearish continuation is likely in the short term. If the selling momentum remains strong, EUR/USD could continue moving toward the projected downside targets. Traders should monitor price action carefully around support levels because volatility may increase during the move. 🎯 The first bearish target is 1.1614, followed by the second target at 1.1603, while the final projected target stands near 1.15935 with strong bearish pressure remaining active. If you found this analysis helpful, don’t forget to LIKE 👍 and COMMENT 💬!