📊 EUR/USD 2H — Professional Market Structure Analysis 📈
🔎 Overall Market Bias: Bearish 🔴
EUR/USD is currently showing a clear bearish market structure on the 2H timeframe. After the strong bullish expansion from the lower levels, price reached the 1.1700–1.1720 resistance area and faced strong rejection. Since then, the market has been forming lower highs and lower lows, indicating that sellers are gradually gaining control.
📉 Market Structure
Price previously traded inside a bullish channel, but the structure changed after the Break of Structure (BOS) around the 1.1600 area. Following this shift, price started respecting a descending bearish channel.
The recent recovery from around 1.1570 has pushed price back toward the upper portion of the bearish structure, but the move currently looks more like a retracement than a confirmed bullish reversal.
🧱 Key Resistance / Order Block
The main resistance zone is approximately:
1.1660 – 1.1680 🟥
This area is marked as an Order Block and sits close to the descending channel resistance. If price reaches this zone and shows rejection, bearish momentum could resume.
A stronger resistance level is around 1.1700–1.1720, where previous highs were formed.
🎯 Bearish Scenario
If price gets rejected from 1.1660–1.1680, the potential downside path is:
TP1: 1.1600 🎯
TP2: 1.1580 🎯
TP3: 1.1540 🎯
Major Support: 1.1502 🧱
A clean break below 1.1580 could increase the probability of a deeper move toward the 1.1540–1.1502 support region.
🟢 Bullish Invalidation
The bearish setup would become weaker if price produces a strong 2H breakout and holds above 1.1680–1.1700.
A sustained move above this area could invalidate the immediate bearish structure and potentially send price toward the previous high around 1.1720.
⚠️ Trading Confirmation
Rather than selling immediately, the stronger approach is to wait for confirmation around the 1.1660–1.1680 Order Block:
🔻 Rejection + bearish candle → bearish continuation
🔻 Lower high → stronger sell confirmation
🔻 Break below 1.1600 → momentum confirmation
🟢 Strong breakout above 1.1680–1.1700 → bearish setup weakened
🧠 Final View
EUR/USD 2H remains bearish while price stays below the 1.1680–1.1700 resistance zone. The current move upward appears to be a retracement into resistance. A confirmed rejection from the Order Block could open the way toward 1.1580 → 1.1540 → 1.1502.
📌 Bias: 🔴 SELL ON CONFIRMATION
📍 Resistance: 1.1660–1.1680
🎯 Targets: 1.1580 → 1.1540 → 1.1502
🛑 Invalidation: Above 1.1700–1.1720
⚡ Key Structure: Bearish channel + lower highs + resistance Order Block
🔎 Overall Market Bias: Bearish 🔴
EUR/USD is currently showing a clear bearish market structure on the 2H timeframe. After the strong bullish expansion from the lower levels, price reached the 1.1700–1.1720 resistance area and faced strong rejection. Since then, the market has been forming lower highs and lower lows, indicating that sellers are gradually gaining control.
📉 Market Structure
Price previously traded inside a bullish channel, but the structure changed after the Break of Structure (BOS) around the 1.1600 area. Following this shift, price started respecting a descending bearish channel.
The recent recovery from around 1.1570 has pushed price back toward the upper portion of the bearish structure, but the move currently looks more like a retracement than a confirmed bullish reversal.
🧱 Key Resistance / Order Block
The main resistance zone is approximately:
1.1660 – 1.1680 🟥
This area is marked as an Order Block and sits close to the descending channel resistance. If price reaches this zone and shows rejection, bearish momentum could resume.
A stronger resistance level is around 1.1700–1.1720, where previous highs were formed.
🎯 Bearish Scenario
If price gets rejected from 1.1660–1.1680, the potential downside path is:
TP1: 1.1600 🎯
TP2: 1.1580 🎯
TP3: 1.1540 🎯
Major Support: 1.1502 🧱
A clean break below 1.1580 could increase the probability of a deeper move toward the 1.1540–1.1502 support region.
🟢 Bullish Invalidation
The bearish setup would become weaker if price produces a strong 2H breakout and holds above 1.1680–1.1700.
A sustained move above this area could invalidate the immediate bearish structure and potentially send price toward the previous high around 1.1720.
⚠️ Trading Confirmation
Rather than selling immediately, the stronger approach is to wait for confirmation around the 1.1660–1.1680 Order Block:
🔻 Rejection + bearish candle → bearish continuation
🔻 Lower high → stronger sell confirmation
🔻 Break below 1.1600 → momentum confirmation
🟢 Strong breakout above 1.1680–1.1700 → bearish setup weakened
🧠 Final View
EUR/USD 2H remains bearish while price stays below the 1.1680–1.1700 resistance zone. The current move upward appears to be a retracement into resistance. A confirmed rejection from the Order Block could open the way toward 1.1580 → 1.1540 → 1.1502.
📌 Bias: 🔴 SELL ON CONFIRMATION
📍 Resistance: 1.1660–1.1680
🎯 Targets: 1.1580 → 1.1540 → 1.1502
🛑 Invalidation: Above 1.1700–1.1720
⚡ Key Structure: Bearish channel + lower highs + resistance Order Block
✦ MARKET STRATEGY SIGNALS ✦ 📊
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
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.
✦ MARKET STRATEGY SIGNALS ✦ 📊
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
Smart Money • Price Action • Precision • good entries
📲 Join Telegram: t.me/marketstrategyentry
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.