EURUSD ON THE WAY DOWNEUR/USDOANDA:EURUSDMoreProfitsFXEURUSD – Daily Timeframe Breakdown EURUSD has broken below a long-term bullish trendline that has been respected since early 2025, signalling a potential shift in market structure from bullish to bearish. Key Confluences: ✅ Trendline Break Price has decisively broken beneath the ascending trendline that supported the uptrend for several months. This suggests buyers are losing control and momentum is shifting to the downside. ✅ Supply & Demand Concept Price repeatedly rejected the higher-timeframe supply zone around 1.1800 - 1.1850, showing strong institutional selling pressure. The current move is targeting the nearest demand zone around 1.1380 - 1.1400. ✅ Market Structure Lower highs and lower lows have started to form after the rejection from supply. This confirms bearish market structure on the daily timeframe. Trade Idea I expect price to continue lower into the current demand zone. If the demand zone fails to hold, the next downside target is the major fib retracement zone around 1.1080 - 1.1100. Any retracement back towards broken structure could provide additional selling opportunities. Targets 🎯 Target 1: Demand Zone (1.1380 - 1.1400) 🎯 Target 2: Fib Retracement Zone (1.1080 - 1.1100) Invalidation ❌ A strong daily close back above the broken trendline and recent lower highs would weaken the bearish outlook. EURUSD https://t.me/mprofitsfx