EURUSD Price Update – Clean & Clear Explanation

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EURUSD Price Update – Clean & Clear ExplanationEuro vs US DollarICMARKETS:EURUSDPintu_sahu01EUR/USD remains under strong bearish pressure after a sharp breakdown from the previous support structure. The market rejected the upper supply zone around 1.1570–1.1590, where sellers stepped in aggressively and pushed price lower. This rejection was followed by a significant bearish impulse, confirming that bears currently have control of the market. Technically Price is now consolidating around the 1.1460 area, which is acting as a short-term support zone. If buyers manage to hold this level, a temporary retracement toward the 1.1500–1.1520 resistance zone could occur before the next major move. However, as long as price remains below the higher resistance and supply zones, the overall market structure continues to favor the downside. Key Resistance: 1.1500 – 1.1570 Key Support: 1.1450 – 1.1350 Expected Scenario: Pullback into resistance followed by potential continuation toward lower liquidity targets. The highlighted setup suggests a possible liquidity grab or corrective pullback into resistance before sellers re-enter the market. If bearish momentum returns from that area, EUR/USD could target lower liquidity levels near 1.1400 and potentially the major support around 1.1350, which is marked as an important downside objective. Ps; Support with like and comments for better analysis Thanks for Supporting.