EURUSD Price Update – Clean & Clear ExplanationEUR/USDOANDA:EURUSDPintu_sahu01EUR/USD is currently showing a bearish structure on the 1H timeframe after facing strong rejection from the 1.1670–1.1675 supply/resistance zone. Price attempted to recover higher, but buyers failed to maintain momentum above this important area, leading to another strong selling reaction. The recent price action shows lower highs and increasing downside pressure, suggesting that sellers are currently controlling the short-term market direction at the moment, price is consolidating around the 1.1650–1.1655 region, which is an important short-term decision area. If this zone fails to hold and sellers manage to push price below 1.1640–1.1645, we could see another bearish continuation toward the lower support levels. The key resistance remains around 1.1660–1.1670, with the major supply zone near 1.1670–1.1675. Unless EUR/USD breaks above this resistance with strong bullish momentum and holds there, upside moves may continue to face selling pressure. For the bearish scenario, traders can watch for a retest of the 1.1650–1.1660 area followed by a bearish rejection. Such confirmation could strengthen the possibility of continuation toward 1.16350 and then 1.16204. However, if buyers reclaim 1.1670–1.1675 with a strong candle close, the bearish setup would weaken and a bullish recovery could develop. Overall, the current technical picture remains bearish below the major resistance zone, with sellers looking for further downside after the recent rejection. Price action around 1.1640–1.1650 will be especially important because a confirmed breakdown could accelerate the next bearish move. your support means a lot! If you found this analysis useful, leave a Like and tell me your thoughts in the comments. Best of luck with your trading journey! 🚀