EUR/USD Intraday Signal: Bearish Momentum Below 1.1625
The EUR/USD pair has started to turn lower after failing to sustain above the pivot level at 1.1625, signaling renewed downside momentum. The short-term technical structure suggests that sellers are regaining control, with the pair likely to remain under pressure as long as it trades below the 1.1625–1.1645 resistance zone.
The RSI is pointing downward, confirming weakening momentum, while intraday price action continues to form lower highs. A decisive break below 1.1585 would further confirm the bearish setup and expose the next key support at 1.1560. This move would reinforce the broader downtrend that has been developing since recent highs.
Alternatively, a recovery above 1.1625 would ease short-term pressure, opening a path to 1.1645 and 1.1665, though such rebounds are expected to remain limited unless the RSI crosses back above 50. Traders should remain cautious as short-term volatility may persist near key levels.
Enter: Short below 1.1625
Stop-Loss (SL): 1.1645
Target A: 1.1585
Target B: 1.1560
