EUR/USD - Trendline Breakdown, Next Bearish Wave

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EUR/USD - Trendline Breakdown, Next Bearish WaveEUR/USDOANDA:EURUSDAuricVerse_HQEURUSD has broken below the rising trendline and is now trading beneath the 1.1620–1.1640 sell zone. Price is also struggling below the Ichimoku structure, which keeps the short-term bias tilted lower. If the pair continues to reject this zone, I favor another push toward: 🎯 Target: 1.1581 Macro Market: The Dollar remains firm after hotter US PPI, rising oil prices and higher Treasury yields pushed the probability of another Fed hike toward 70%. Today’s US CPI is the next major catalyst and could quickly increase volatility. A sustained recovery above 1.1640 would weaken the bearish setup. AURICVERSE View: the ECB gives EUR some support, but technically the trendline has already failed. As long as 1.1620–1.1640 remains resistance, 1.1580 stays on my radar.