EURUSD bearish senario

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EURUSD bearish senarioEuro vs. US DollarFX:EURUSDAsifAwan111. Market Structure The overall trend remains bearish. Price continues to make lower highs and lower lows. The recent sharp decline suggests strong selling pressure. 2. Current Key Levels 🔴 Support 1.1393–1.1400 (red line) This is a significant support area. A break below it could open the way toward: 1.1360 1.1320 🔵 Midpoint (0.5) Around 1.1515–1.1520. 🟢 Fibonacci Retracement Area (0.786) Near 1.1570–1.1580, which coincides with a previous support/resistance zone. 3. Potential Scenario Short-Term Pullback (Most Likely) Price may: Bounce from 1.1400–1.1450. Retrace upward toward: 1.1520 (50%) 1.1570–1.1580 (78.6%) Encounter selling pressure there. Resume the downtrend and break below 1.1393. 4. Sell Setup Aggressive Entry Sell: 1.1560–1.1580 Stop Loss: 1.1615–1.1630 Targets: TP1: 1.1460 TP2: 1.1393 TP3: 1.1360 5. Bullish Invalidation If EUR/USD closes strongly above 1.1600–1.1620 on the 4H timeframe, the bearish continuation idea becomes weaker, and a move toward 1.1680–1.1750 becomes possible. Probability Assessment Bearish continuation: ★★★★☆ (70%) Deep retracement to 1.1570–1.1580 before dropping: ★★★★☆ (65%) Immediate break below 1.1393 without retracement: ★★☆☆☆ (30%)