EUR/USD: 4H Breakout Retest Setting Up for Continuation Lower

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EUR/USD: 4H Breakout Retest Setting Up for Continuation LowerEUR/USDOANDA:EURUSDSheenaLEUR/USD is currently reacting around a key 4H structure level near 1.16110. Price previously broke below this area, and now the market is pulling back to retest it. On the 15M chart, price wicked back into 1.16110 and closed below, showing that the level may be holding as resistance. This is the “floor becomes ceiling” setup. For me, the sell idea only stays valid if price continues to reject 1.16110 and fails to reclaim that level with candle bodies. I am watching for bearish continuation from this zone, especially if the next 15M candles stay below 1.16110 and begin pushing lower. Trade idea: Sell zone: 1.16110 Stop loss: 1.16227 TP1: 1.15908 TP2: 1.15742 The main reason I like this setup is because it follows clean market structure: Break below key level Retest back into the level Rejection from the level Continuation toward the next 4H support zones DXY is also important here. If DXY continues holding bullish structure, that supports EUR/USD downside. If DXY weakens hard, I would be more cautious with the sell. This is not a chase setup. The entry depends on confirmation. I want to see sellers continue defending 1.16110 before expecting the move toward 1.15908 and possibly 1.15742. Clean setup. Short bias unless price reclaims 1.16110 and starts closing above it.