EUR/USD Intraday Signal: Bearish Below 1.1780
Analysis
EUR/USD has transitioned from a short-term bullish phase into a distribution structure, confirmed by a strong rejection from the 1.1850 weak high. The market printed a clear CHoCH followed by a BOS to the downside, signaling a shift in order flow from buyers to sellers.
The current price action shows a corrective pullback after the initial bearish impulse, but the recovery lacks strength and is forming lower highs within a descending structure. This indicates that the upward move is likely liquidity engineering rather than genuine bullish continuation.
Price is now trading below a key supply zone at 1.1780–1.1800, and as long as it remains under this region, the bias stays bearish. The next logical targets lie in the lower demand zones, where unfilled liquidity remains.
Trade Setup
Enter: Sell below 1.1735
Stop-Loss (SL): 1.1795
Target A: 1.1700
Target B: 1.1665