EURUSD| BEARISH BIAS PREVAILS UNLESS KEY RESISTANCE BREAKS

For today's session, a corrective movement is anticipated, with the price likely testing the 1.0350 resistance and possibly exceeding it briefly before resuming its downward trajectory. This correction could be part of a liquidity grab before the next bearish impulse.

However, to invalidate the bearish scenario and confirm a bullish continuation, the price must successfully break above the 1.0450 resistance level and sustain a 4-hour candle close above it. Such a breakout would indicate stronger bullish momentum, potentially leading to further upward movement.

Until a decisive break occurs, the market structure favors bearish pressure, with the 1.0261 and 1.0120 targets in focus.


Tendency Keys: 1.0450
Resistance Line 1.0350, 1.0450, 1.0527, 1.0608
Support Line: 1.0261, 1.0120, 1.0035