### **Target**
🎯 **1.13807**
### **Description**
EUR/USD is showing signs of bearish rejection after failing to sustain above the **1.1435** resistance zone. Price is trading around the Ichimoku cloud, where selling pressure appears to be increasing following the recent rejection. If sellers maintain control and price remains below the recent highs, the pair could extend its decline toward the highlighted target at **1.13807**. A decisive move above resistance would invalidate the bearish outlook and shift momentum back to the upside.
Trade active
active Trade closed: target reached
target hitt
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.