EURUSD | Flipped Resistance Retest | Bearish Continuation.

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EURUSD | Flipped Resistance Retest | Bearish Continuation.Euro vs. US DollarFX:EURUSDAlphaCapitalTradesEURUSD is trading at 1.14224 after a sharp breakdown through key support earlier this week. Price swept liquidity above at ~1.1500, reversed hard, and broke structure to the downside — the same dollar strength theme that's been driving Gold and GBPUSD lower all week. Market Structure The zone that previously acted as support (~1.1446–1.1458) has now flipped into resistance following the breakdown. Price is currently consolidating just below this flipped resistance, presenting a retest opportunity before potential continuation lower. The liquidity sweep above the week's high before the reversal suggests positions were loaded into that move before price was driven back down through support — a classic SMC liquidity grab before distribution. Key Levels 🔴 Resistance: ~1.1660 ⚪ Week High: ~1.1620 🟢 Flipped Resistance: 1.14458 ⚪ Current Price: 1.14224 🟢 Target: 1.13778 Trade Plan 📍 Entry: 1.14299 — on retest of flipped resistance 🛑 SL: 1.14458 — above resistance zone 🎯 Target: 1.13778 📊 RR: ~1:3.3 ⚡ Entry confirms only on bearish confirmation candle at the retest zone ❌ Invalidated above 1.14458 Conclusion Structure broke clean, flipped resistance is now in play, and macro continues to support the bearish bias. Solid RR with confirmation required before entry — no anticipation into a retest zone. Not financial advice. Manage your risk. 💬 Are you trading the dollar strength theme this week? 👇 🔔 Follow AlphaCapitalTrades 📩 DM for VIP