EUR/USD Analysis – 1H & Daily TimeframesEuro vs US DollarVANTAGE:EURUSDDhandaTheGreatCurrent Price: 1.0461 1-Hour (H1) Chart Analysis: 📌 Bearish Rejection from Resistance – The price attempted to break above 1.0480 - 1.0500 but failed, showing selling pressure at higher levels. 📌 Support Holding Around 1.0440 - 1.0420 – Buyers are stepping in around this zone, marked by the green trendline, indicating a potential bounce if buyers remain strong. 📌 Short-Term Trend Reversal? – The previous lower highs and lower lows structure is being tested, with price now battling a descending trendline. A clear break above 1.0500 would confirm a short-term bullish shift. 📌 Indicators: ✔️ Moving averages are flattening, showing indecision. ✔️ A break above 1.0500 will push EUR/USD toward 1.0550 - 1.0600. ✔️ A failure to hold 1.0440 will bring the pair back down to 1.0400 - 1.0380. H1 Prediction: 📈 Bullish Scenario: A break and close above 1.0500 could trigger upside momentum toward 1.0550 - 1.0600. 📉 Bearish Scenario: A rejection at 1.0500 or a breakdown below 1.0440 could send the pair toward 1.0400 - 1.0380. Daily (D1) Chart Analysis: 📌 Downtrend Dominates – The red descending trendline indicates a strong bearish trend since the 1.1200 highs, with multiple lower highs rejecting from resistance. 📌 Breakout or Rejection? – Price is currently testing the trendline resistance, and a daily close above 1.0500 would confirm a bullish breakout. Otherwise, it remains a bearish rejection zone. 📌 Support at 1.0300 - 1.0200 – The last major support zone was found here (green trendline), and any break below this level would open the way to 1.0100. 📌 Indicators: ✔️ EUR/USD is attempting to break the downtrend, but 1.0500 is key resistance. ✔️ If rejected, expect further downside toward 1.0300 - 1.0200. ✔️ If it breaks above 1.0500, we could see 1.0600+ levels tested. D1 Prediction: 📈 Bullish Scenario: A daily close above 1.0500 would push EUR/USD toward 1.0600 - 1.0700, confirming trend reversal. 📉 Bearish Scenario: A failure at 1.0500 will likely lead to 1.0380 - 1.0300, with a possible drop to 1.0200 if momentum builds. Final Outlook: 🚨 Overall Bias: Bearish, but at key resistance 🔸 Short-Term (H1): Watching for a breakout above 1.0500 or rejection leading to 1.0400. 🔸 Long-Term (D1): EUR/USD is at a crucial resistance—either it reverses into bullish or continues the larger downtrend toward 1.0300 - 1.0200. 💡 Strategy: ✅ For buyers: Wait for a clear breakout above 1.0500 before going long, targeting 1.0600 - 1.0700. ✅ For sellers: If price rejects 1.0500, shorting toward 1.0380 - 1.0300 would be a high-probability trade. 📊 EUR/USD is at a decision point—watch for confirmation before making a move! 🚀