EURUSD 04/07 H4 | Recovery Meets SupplyEUR/USDOANDA:EURUSDAdrian_NovaTraderEURUSD has staged a notable recovery after defending the recent support area and breaking its short-term bearish structure. The rebound has improved short-term momentum, but price is now approaching the 1.1465–1.1478 H4 Order Block, a higher-timeframe supply zone where sellers could become active again. Although buyers have reclaimed the short-term structure, the broader H4 bearish trend remains intact until this key supply zone is decisively broken. For now, buyers have regained momentum. The next reaction at supply will likely determine whether this recovery extends further or the broader downtrend resumes. Currently • Price has broken the recent bearish structure • Buyers have regained short-term momentum • Price is approaching the 1.1465–1.1478 H4 Order Block • A H4 POI is located around 1.1398–1.1408 • Sell-side liquidity rests below recent lows near 1.1360 • The market remains below the higher-timeframe supply zone • The broader bearish structure remains intact Trading Plan Bias: Bearish Continuation After Rejection Main Zone • 1.1465–1.1478 → H4 Order Block Execution Idea If price reacts bearishly from the 1.1465–1.1478 H4 Order Block, sellers may attempt to drive EURUSD back toward the 1.1398–1.1408 H4 POI. A sustained break below the POI could expose the sell-side liquidity resting near 1.1360, reinforcing the broader bearish structure. Rather than selling into the current rally, waiting for price to test the H4 Order Block may provide a more favorable risk-to-reward opportunity. Targets → TP1: 1.1400 → H4 POI → TP2: 1.1360 → Sell-Side Liquidity → TP3: 1.1320 → H4 Support Invalidation A confirmed H4 candle close above the 1.1478 Order Block would weaken the bearish continuation scenario and suggest that buyers are gaining greater control of the higher-timeframe structure. Key Insight Recoveries often slow as price reaches premium pricing. Until buyers reclaim the H4 Order Block, rallies into supply may continue to attract selling interest. Key Question Will EURUSD reject from the H4 Order Block and resume the broader downtrend, or can buyers reclaim supply and shift the higher-timeframe structure?