Expected Next Move for the EUR/USD Pair

The EUR/USD pair has reached strong daily supply zones, and signs of weakness and a reversal are already appearing, confirming the expected decline.

Currently, we may see some upcoming corrections for the pair, so it is advisable to focus on selling positions as long as the daily supply zones are not broken.

Expected Targets

If the pair declines and closes below the current supply zones with a bearish pin bar candle, we expect to see it fall towards the targets near 1.17200 and 1.16500, respectively.

This analysis and the expected decline will be invalidated if the daily candle closes above the current supply zones.