EURUSD Bearish Continuation After Liquidity Sweep
EURUSD on the 2H timeframe shows a completed bullish channel followed by a liquidity sweep at the highs, which marked exhaustion of the uptrend. After the sweep, price broke down from the rising structure and moved below the Ichimoku cloud, signaling a shift to bearish momentum. The pair is now consolidating in a tight range, suggesting distribution before the next move. As long as price remains capped below the cloud and prior channel support, the bias favors a downside continuation toward the marked target zone.