EURUSD Lower Timeframe Bearish Continuation
Quick Summary
EURUSD continues to trade bearish on lower timeframes and The move appears to be part of a daily timeframe correction, Price may retrace higher toward 1.19035
This level aligns with an H4 supply correction zone
After that continuation lower is expected to fill the liquidity void left uncorrected from the previous month
Full Analysis
EURUSD remains in a bearish phase on the lower timeframes
This downside movement is developing as a corrective leg within the daily structure
A temporary pullback to the upside is possible and Price may rise toward the 1.19035 level
This area represents a supply correction zone on the 4 hour chart
If price reacts from this zone the expectation is for bearish continuation
The main objective of this move is to fill the liquidity void that was left without correction during the previous month
As long as lower timeframe structure stays bearish any upside movement should be treated as corrective