EURUSD Faces Another Sell Off Risk Beneath the 1.1220 Ceiling

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EURUSD Faces Another Sell Off Risk Beneath the 1.1220 CeilingEuro / U.S. DollarFOREXCOM:EURUSDLegionQ8Hello traders! Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD previously started to decline under the Trend Line and tested the Seller Zone multiple times. Price then formed a Fake Breakout and was rejected, continuing the bearish structure. Currently, EURUSD is trading below the 1.1220 Seller Zone while holding above the 1.1130 Buyer Zone. The recent rejection and descending Trend Line suggest a possible continuation lower toward support. As long as EURUSD remains below the 1.1220 Seller Zone and respects the descending structure, the bearish scenario remains valid. A continuation lower could push price toward the 1.1130 Support Level (TP1). However, a breakout and close above 1.1220 would weaken the bearish outlook and increase the possibility of further upside. Please share this idea with your friends and click "Boost" 🚀