EURUSD Intraday Signal: Selling Pressure Under 1.1550
Analysis
EURUSD on the 1-hour timeframe is currently showing a clear bearish market structure, with multiple Breaks of Structure (BOS) to the downside following a rejection from the 1.1620–1.1640 supply zone.
After forming a strong high, price has been consistently creating lower highs and lower lows, confirming that sellers are in control. The recent move shows price reacting from the 1.1540–1.1550 minor supply, followed by continued pressure toward the downside.
Currently, price is trading near 1.1510–1.1520, just above a short-term demand zone around 1.1490–1.1500. This area is acting as temporary support, but the structure suggests it may not hold under sustained selling pressure.
The broader context indicates that the recent upward movements are corrective pullbacks into supply, rather than a shift in trend. As long as price remains below 1.1550, the bearish structure remains intact.
A breakdown below the current support could trigger further downside toward 1.1480, which is the next liquidity level. A deeper continuation could extend toward 1.1450, where a stronger demand zone is located.
Only a strong reclaim above 1.1550 would weaken the bearish outlook.
Trade Setup
Enter: Sell below 1.1515
Stop-Loss (SL): 1.1560
Target A: 1.1485
Target B: 1.1450
