Post #4304

🇪🇺🇺🇸EUR/USD H1 Scenario – Technical & Fundamental Outlook 💡 The pair has confirmed a short-term bearish reversal, breaking below the ascending channel after rejecting the 1.1720 resistance zone. This technical structure signals a potential shift in intraday momentum, aligning with the broader macro context favoring USD strength. 📊Technical Outlook: 📎 Break of structure below 1.1680 confirms bearish intent ✅ 📎 Strong rejection from the 1.1720 supply zone (previous H4 resistance) ✅ 📎 Clean downside targets lie around 1.1570 – 1.1560 demand area 🎯 🔎 As long as price remains below 1.1700, sellers are expected to maintain control. Any short-term pullbacks toward 1.1670–1.1690 may offer continuation opportunities. 📰Fundamental Insight: 📎 The Euro continues to face downside pressure as the Eurozone’s economic outlook weakens, with slowing industrial output and cautious ECB commentary signaling prolonged monetary accommodation. 📎 Meanwhile, the U.S. Dollar remains supported by hawkish Federal Reserve expectations, resilient job data, and elevated inflation levels — reinforcing the greenback’s dominance across majors. 📎 Yield differentials continue to favor USD, providing additional downside bias for EUR/USD. ⚠️Scenario: Below 1.1700, expect continuation toward 1.1570 – 1.1560. A sustained move above 1.1720 would invalidate the short-term bearish view. 📈Bias: Bearish toward 1.1570 📉Invalidation: Above 1.1720 ⸻ 📱For real-time setups, SMC-based trade ideas, and macro market breakdowns → Join our free Telegram channel @ShadowTraderFX