EURUSD Intraday Signal: Sell Below 1.1520
Analysis
EURUSD on the 1-hour timeframe remains in a clear bearish structure, with multiple BOS to the downside confirming strong seller control. Price has been consistently forming lower highs, rejecting from layered supply zones.
The recent move shows a sharp breakdown into a key demand zone around 1.1450–1.1460, followed by a weak bounce. This reaction appears corrective, not a true reversal, as there is no strong bullish Change of Character (ChoCH).
Above current price, several stacked supply zones between 1.1500–1.1550 remain intact. These zones represent ideal areas for continuation shorts, especially as they align with prior distribution and failed bullish attempts.
As long as price remains below 1.1520, the bearish bias remains dominant, with liquidity resting below current lows.
Trade Setup
Enter: Sell near 1.1490–1.1520
Stop-Loss (SL): 1.1560
Target A: 1.1460
Target B: 1.1420