EURUSD Weekly Outlook: Bearish Bias Until Key HTF Supply Fails

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EURUSD Weekly Outlook: Bearish Bias Until Key HTF Supply FailsEUR/USDOANDA:EURUSDAryan_yadav2612EURUSD is currently trading at an important decision area. On the higher timeframe, price has already swept Daily/Weekly swing-low liquidity and closed back above it, showing a short-term reaction. However, the major Monthly/Weekly swing-low liquidity around **1.13924** is still pending. Until price sweeps that deeper liquidity or gives a strong bullish displacement from the higher-timeframe demand area, my overall bias will remain **bearish**. The reason behind this bearish view is the presence of multiple aligned selling POIs across the Daily, 4H, and 1H timeframes. On the Daily timeframe, price has a strong supply area supported by **Volume Imbalance + FVG + Bearish Order Block**, which acts as a double PD array. These zones can support further downside continuation if price shows rejection from them. At the same time, price has also formed a hammer on the Daily timeframe, so a short-term bullish pullback toward the Daily/4H selling POIs around **1.15350** can be expected before any major downside move. My main downside objective remains the Monthly/Weekly swing-low liquidity around **1.13924**. If price breaks the Daily/4H supply zone with strong bullish displacement and sustains above it, then the bearish narrative will become weak and price may target the Weekly swing-high liquidity around **1.16209**. ## Scenario 1: Flat Opening If price opens flat, my expectation is that price may first break the 1H POI and deliver toward the higher-timeframe Daily/4H supply zone. The key area to watch is around **1.15350**. If price reaches this Daily/4H POI and gives strong bearish rejection, bearish displacement, and MSS on the lower timeframe, then I will look for a short entry on the retest. Target: **1.13924 Monthly/Weekly swing-low liquidity** This will be my cleanest bearish continuation setup. ## Scenario 2: Gap Down Opening If price opens with a gap down from the 1H OB-FVG area, then price may react from the last 1H bullish OB-FVG and deliver back toward the Daily/4H selling POI. During this move, if price creates a strong bullish OB-FVG, it will give better confirmation that price is only taking a short-term pullback into premium before continuing with the higher-timeframe bearish bias. Once price reaches the Daily/4H supply zone, I will wait for bearish displacement and MSS on the lower timeframe. Only after a clean retest will I consider a short setup. Target: **1.13924 Monthly/Weekly swing-low liquidity** ## Scenario 3: Gap Up Opening If price opens with a gap up directly into the Daily/4H POI and shows rejection from the supply zone, then I will look for downside continuation. For confirmation, I need to see strong bearish displacement and MSS on the lower timeframe. If that happens, a short entry can be planned on the retest. However, if price fails to reject from the first supply/purple zone and does not sustain there, then the next area I will watch is the Daily red OB-FVG zone. Price can also react from this zone and continue lower. Target: **1.13924 Monthly/Weekly swing-low liquidity** ## Invalidation If price breaks through the Daily/4H selling zone with an impulsive bullish candle and sustains above it, then it will indicate that buyers are taking control. In that case, the bearish idea will be invalidated, and price can target the Weekly swing-high liquidity around **1.16209**. ## Final View My current bias on EURUSD remains bearish, but Monday’s opening and price reaction around the 1H and Daily/4H POIs will be very important. I will not enter blindly. I will wait for price to reach my POI, show clear rejection, give displacement, confirm MSS on LTF, and then look for a retest entry. Patience and confirmation are more important than prediction. This is my personal market outlook, not financial advice.