EUR/USD Intraday Signal: Bearish Toward 1.1700
EUR/USD remains under bearish pressure after rejecting multiple supply zones between 1.1800 and 1.1950. A strong high has formed near 1.1900, followed by lower highs and continued structural weakness. As long as price trades below 1.1800, sellers retain control and downside continuation remains favored.
The pair is currently hovering near 1.1700 demand. A confirmed break below this level would expose liquidity toward 1.1650 and potentially 1.1600. Only a sustained move above 1.1800 would invalidate the bearish scenario and shift momentum back toward 1.1900.
Trade Setup:
Enter: Short below 1.1800
Stop-Loss (SL): 1.1850
Target A: 1.1700
Target B: 1.1650