Technical Analysis for EUR/USD
EUR/USD declined after reversing downward from the 1.1682 level. Prices also dropped from the IFVG zone on the one-hour timeframe around 1.1670. The pair is expected to continue moving lower today, and a break below 1.1641 would serve as a confirmation signal for further downside movement.

Economic News
The US dollar is awaiting the Personal Consumption Expenditures (PCE) data today, which is expected to impact EUR/USD during the session.

Liquidity Levels
Prices are expected to decline toward 1.1621, followed by 1.1590.

Invalidation Scenario
The bearish outlook is invalidated if a four-hour candle closes above 1.1682.