EURUSD Bearish Breakdown & Liquidity Sweep Analysis 📉
Description:
EURUSD has confirmed a strong bearish shift after rejecting a major descending trendline and failing to sustain bullish momentum above the key demand zone. Price formed a clear lower high near resistance, followed by an impulsive bearish move that broke market structure and signaled renewed selling pressure.
The breakdown from the highlighted demand area suggests that buyers have lost control, while sellers continue to dominate the market. The sharp displacement to the downside indicates institutional participation and strengthens the bearish narrative. As long as price remains below the broken support zone, the probability favors further downside continuation.
The next objectives for price are the liquidity pools resting around 1.1430 and 1.1372, where reactions may occur. Traders should monitor any pullback into the broken zone for potential continuation opportunities while maintaining proper risk management and waiting for confirmation before execution.
Bias: Bearish 📉
Targets: 1.1430 → 1.1372
Market Structure: Bearish
Outlook: Continued downside momentum unless key resistance is reclaimed.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.


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