4H Market Update 📊
EURUSD remains bearish, trading around 1.1188 following continued downside pressure. Price is consolidating beneath the nearby resistance zone, with a possible further decline toward the marked demand area.
🔻 Resistance: 1.1215–1.1240 🎯 Downside target: 1.1103 🟢 Major demand: 1.1065–1.1105
A rejection from resistance could support further downside toward 1.1103. A sustained break above 1.1240 would weaken this bearish scenario.
🗓️ Forex Calendar: Watch upcoming U.S. inflation data and Federal Reserve commentary for potential USD volatility.
Not financial advice — educational market-structure analysis only.
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