Technical Analysis of the EUR/USD Pair The EUR/USD pair is trending downward on the 4-hour and 1-hour timeframes. Prices rebounded downward from the overbought (OB) zone on the 4-hour chart around the 1.1759 level. Currently, the pair is trading around the 1.1746 level, and the downtrend is expected to continue throughout the day.   Key Economic News: There is no significant news regarding the US dollar, so trading is expected to be relatively quiet.   Liquidity Levels: We expect prices to decline, targeting the 1.1719 level, followed by the next liquidity level at 1.1701, and then the 1.1661 level. The bearish scenario will be invalidated if prices reach the 1.1776 level.