SMT Divergence and BOS Suggest Further DownsideEuro vs. US DollarFX:EURUSDtradesalina93Educational Analysis Only EURUSD showed a clear rejection from the resistance zone after forming SMT divergence near the highs. Following the rejection, price delivered a strong bearish displacement and confirmed a Break of Structure (BOS), indicating potential weakness in the current market structure. Price is currently reacting from the support area and previous weekly low. A short-term retracement into nearby liquidity may occur before bearish momentum resumes. As long as price remains below the resistance zone, sellers may continue targeting lower liquidity levels. Key Concepts Highlighted • SMT Divergence at Highs • Resistance Zone Rejection • Bearish BOS Confirmation • Previous Week Low Interaction • Support Zone Reaction • Potential Continuation Toward Lower Liquidity Key Levels • Resistance Zone: 1.1610 – 1.1620 • Previous Week Low: 1.1500 Area • Support Zone: 1.1465 – 1.1470 • Bearish Target Zone: Below Recent Lows Market Expectation A relief bounce may occur from support; however, failure to reclaim higher levels could result in continuation toward lower liquidity and fresh lows. Disclaimer: This analysis is shared for educational purposes only and does not constitute financial advice. Always perform your own analysis and apply proper risk management.