EURUSD Bearish Continuation from Seller Zone
EURUSD is currently reacting from a strong seller zone after a corrective pullback. Price previously formed a range, followed by a strong impulsive move to the upside, but momentum is now weakening inside a descending channel, indicating potential bearish continuation.
Sell Zone: Previous supply / resistance area
Support Level: Marked support below acting as target area
TP: Prior demand & support zone
SL: Above seller zone highs
Bias: Bearish while price remains below the seller zone
Confirmation: Look for bearish rejection, lower highs, or bearish candles inside the zone
Risk Management: Always use proper position sizing and wait for confirmation before entry.