EUR/USD: Bearish Structure Shift

Euro / U.S. Dollar Short yesterday 4 Grab this chart Grab this chart 85 The US Dollar is maintaining its underlying strength, driven by persistent global bond yields and resilient stateside economic data that continue to limit the scope for aggressive monetary easing. With macroeconomic crosswinds and geopolitical tensions acting as headwinds for the Euro, capital flows are favoring the greenback, keeping EUR/USD under sustained structural pressure. Technical Confluence Market Structure Shift: The pair has firmly broken its recent ascending channel, printing a clear Break of Structure (BOS) to the downside and initiating a fresh sequence of Lower Highs (LH) and Lower Lows (LL). Supply Zone Retest: Price has pulled back perfectly into the 1.1600 – 1.1603 region, retesting a freshly broken consolidation block that has now flipped from support into high-probability structural resistance. Dynamic Resistance: The moving average bands (Williams Alligator) have crossed bearishly and are fanning out above the price action, actively capping the current relief rally and signaling immediate trend continuation. Bearish Momentum: The RSI is holding at 43.55, confirming that sellers remain in control below the 50 mid-line. The recent upward retracement provided a structural reset without threatening the broader bearish momentum. Trade Execution Direction: Short Entry Region: ~1.1599 – 1.1603 Take Profit (TP): 1.15610 (Targeting the recent swing lows and the next major liquidity pool) Stop Loss (SL): ~1.16241 (Placed securely above the recent structural Lower High to invalidate the setup) Nato_Financials Follow Following Also on : Chart Patterns EURUSD eurusdshort eurusdshortsetup Technical Indicators Trend Analysis Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use . Chart Patterns EURUSD eurusdshort eurusdshortsetup Technical Indicators Trend Analysis Nato_Financials Follow Following Also on : Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use .