Hellena | EURUSD (4H): LONG to the 1.16183 resistance area.Euro vs. US DollarFX:EURUSDHellena_TradeWe are returning to the EURUSD forecast after quite a long pause. The price needed more time to clarify the structure, and now the picture looks more understandable: the invalidation level of the previous scenario has been broken, so the old wave count needs to be reassessed. At the moment, I consider the pair to be moving within a larger bearish structure. Judging by the current EURUSD 4H chart, the price has almost completed a higher-degree wave "1". There are two working scenarios now. In the first one, wave "1" is not fully completed yet, and the price may make one final move toward the 1.14633 support area. After that, I expect an upward correction to start as wave "2". In the second scenario, wave "1" has already been completed, and the market may start forming wave "2" from the current levels. In this case, the price may begin to recover without making a new local low. Both scenarios currently point to the same target — the 1.16183 resistance area. This is the nearest zone I am watching for the corrective upward movement. It is important to understand that this is still a correction within a larger bearish scenario, not a full bullish trend reversal. That is why long positions should be considered carefully and only if a reliable reversal pattern appears. The U.S. dollar remains strong after the Fed kept rates unchanged and signaled a possible rate hike later this year. This supports the broader bearish scenario for EURUSD. However, after such a strong decline in the pair, a local corrective rebound toward 1.16183 looks technically possible. Manage your capital properly and wisely! Enter trades only based on reliable patterns!