EURUSD: Sellers hold the upper hand, but...EUR/USDOANDA:EURUSDStone_Haven↘️EUR/USD H1 – Sellers Remain in Control, but 1.1640 Is the Key Level EUR/USD continues to face downside pressure on the H1 timeframe, with price remaining below the EMA20, EMA50, and EMA100, while still trading beneath the descending trendline from the 1.1710 area. Currently, 1.1635–1.1640 is a key support zone as price tests the EMA200. If this area breaks and the H1 candle closes below it, selling pressure could extend toward 1.1620 → 1.1600. On the other hand, if buyers successfully defend 1.1635–1.1640 and push price back above 1.1650, EUR/USD could recover toward 1.1665–1.1670. Fundamentally, a hawkish ECB is supporting the euro, while the USD remains supported by Fed policy expectations and the Jackson Hole symposium. As a result, volatility could increase significantly during the day. Current Bias: Bearish in the short term. Prefer SELL setups on a rebound toward 1.1650–1.1670, while closely monitoring price action around 1.1635–1.1640.