EURUSD Bearish Setup

FX:EURUSD   Euro / U.S. Dollar
We observe a pronounced bearish signal on the EU Daily chart. The recent breach of the last higher low suggests an increase in bearish momentum, indicating a strengthening bearish trend. The supply zone has already been retested, setting the stage for a potential move towards a new lower low. A downtrend of 500 pips is anticipated in the near future.
Retested supply zone!


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