Technical Analysis of EUR/USD

EUR/USD is moving in a bearish trend on both the daily and four-hour timeframes. Prices have formed an OB zone around the 1.1630 level, which is expected to support further downside movement due to the current strength of the US dollar.

Important Economic News:
There are no significant economic news releases for the US dollar today. Therefore, price action on EUR/USD is expected to remain relatively stable and consistent.

Liquidity Levels:
We expect prices to decline toward the 1.1505 level, followed by the next liquidity level at 1.1441.

The bearish scenario will be invalidated if price reaches the 1.1659 level.