EURUSD Intraday Signal: Sell Below 1.1550
Analysis
EURUSD on the 1H timeframe is showing a bearish continuation structure after failing to sustain the recent bullish push. The move up toward 1.1620–1.1640 was rejected strongly, forming a clear strong high followed by a sharp downside move (BOS).
Current price action is forming lower highs, and the recent pullbacks remain weak, indicating that buyers are not in control. The zone around 1.1540–1.1560 acts as a minor supply, and price is currently trading just below it, confirming bearish pressure.
Additionally, there is a weak low around 1.1500–1.1480, which suggests liquidity is still resting below. In such conditions, the market typically seeks to sweep that liquidity before any meaningful reversal.
Trade Setup
Enter: Sell below 1.1510
Stop-Loss (SL): 1.1565
Target A: 1.1480
Target B: 1.1440