EURUSD Bears Are Taking ControlEUR/USDOANDA:EURUSDParadise_NoirEURUSD is now showing a clearer short-term bearish bias, as both the macro backdrop and the H8 structure are increasingly favoring sellers. Expectations that the Fed could raise interest rates this week, following hotter-than-expected U.S. inflation data, continue to support the dollar, while EURUSD has already started weakening toward the 1.1570 area. On the H8 timeframe, the bearish structure is becoming increasingly clear. Price has repeatedly been rejected from the descending trendline, forming lower highs, and has now moved below the Ichimoku Cloud. The failure of recent rebounds to reclaim the trendline suggests that buying pressure is fading, while sellers continue to control the upper area. If EURUSD remains below the trendline and the Ichimoku Cloud, I expect selling pressure to extend toward 1.1527. A decisive break below this level could open the door for a deeper decline toward 1.1440–1.1480, in line with the support zone highlighted on the chart. Overall, EURUSD currently looks more like a market losing bullish momentum than one preparing for an upside breakout. I prefer looking for SELL setups on rebounds with confirmation, rather than trying to catch the bottom while the short-term structure continues to favor sellers.