EUR/USD Confirms a Symmetrical Triangle BreakdownEuro vs. US DollarFX:EURUSDMeera_ChartsEUR/USD - Symmetrical Triangle on the 30-minute chart/Bearish Setup 🔎 TECHNICAL OUTLOOK FOR TODAY MARKET : EUR/USD has formed a well-defined symmetrical triangle on the 30-minute chart, followed by a strong bearish breakout below rising trendline support near 1.1230. The pair trades around 1.1214, below the 50 EMA at 1.1219, confirming that bullish momentum is fading and sellers are maintaining short-term pressure. A rejection on a retest of the 1.1230–1.1250 resistance zone keeps the marked support levels at 1.1150 and 1.1130 in focus. A sustained recovery above 1.1263 invalidates the immediate bearish outlook. Major Resistance / Invalidation: 1.1263 First support zone: 1.1150 Second support zone: 1.1130 Alternative Plan : A strong bullish candle above the broken trendline, followed by a successful retest, signals buyers regaining control and invalidates the immediate bearish structure. 🔎 WHAT'S DRIVING THE MARKETS TODAY? 1. France's political and debt problems are hurting the euro. EUR weakened, particularly against US dollar. 2. AI investment concerns are increasing. Investors are questioning whether heavy spending on AI will generate enough profit. 3. Oil prices increased : Attacks in Saudi Arabia raised fears of further disruption to oil supplies from the Middle East. Higher oil prices can increase inflation and hurt economic growth. OVERALL NET TAKEAWAY : If US PMIs surprise strongly and Treasury yields rebound, USD could recover even if equity markets remain unsettled. 🧭 Conclusion The technical breakdown and euro-specific fundamental risks currently favour sellers. Confirmation on a retest remains important before entering a trade. Keep the key support and resistance zones in focus and manage risk carefully. Disclaimer: This analysis is for educational purposes only and not financial advice. Always wait for confirmation and apply proper risk management before entering any trade. If you found this analysis useful, don’t forget to support with a Like 👍 and share your view in the comments!