EUR/USD Bearish Breakdown from Range – Retest Recovery Toward 1.Euro vs. US DollarFX:EURUSDPRIMEALPHA-FX EUR/USD has broken below a well-defined consolidation range on the 1-hour chart, signaling short-term bearish momentum. Price rejected the upper boundary of the range and experienced a sharp selloff, reaching a key support zone around **1.1535–1.1540**. Following the breakdown, buyers stepped in near support, and the chart suggests a potential corrective rebound. The highlighted arrow indicates a possible recovery move toward the former range support-turned-resistance area. **Target:** 🎯 **1.1587** **Key Levels:** * **Support:** 1.1535 – 1.1540 * **Intermediate Resistance / Target:** 1.1587 * **Major Resistance:** 1.1665 – 1.1680 **Outlook:** As long as price holds above the support zone, EUR/USD may attempt a bullish retracement toward **1.1587**. However, the broader structure remains cautious below the major resistance area, and sellers could regain control if the recovery loses momentum.