Friday, July 3, 2026
Jul 03, 2026Cari
Nasional

EURUSD Facing Major Resistance: Bearish Pullback Setup

EUR/USD on the 1-hour timeframe is approaching a high-confluence resistance zone after completing a strong bullish expansion from the lower institutional Order Block. While the overall medium-term structure remains constructive, the current price action suggests that buyers are losing momentum benea

EURUSD Facing Major Resistance: Bearish Pullback Setup

EUR/USDOANDA:EURUSD

EUR/USD on the 1-hour timeframe is approaching a high-confluence resistance zone after completing a strong bullish expansion from the lower institutional Order Block. While the overall medium-term structure remains constructive, the current price action suggests that buyers are losing momentum beneath a significant supply area, increasing the probability of a short-term bearish correction.

The market established a bullish Change of Character (CHoCH) after rejecting the major demand zone around 1.1330, followed by multiple Breaks of Structure (BOS) that confirmed strong buying pressure. During this advance, price respected the Fair Value Gap (FVG), using it as a rebalancing zone before extending higher toward premium pricing.

Price has now reached the 1.1445–1.1465 resistance area, where several technical factors converge. This region aligns with previous swing highs, local buy-side liquidity, and a higher-timeframe Strong Order Block. Such zones often attract institutional profit-taking and fresh sell orders, making them favorable areas for a corrective move.

The current rejection beneath resistance indicates that bullish momentum is slowing. Rather than showing strong continuation above resistance, price is consolidating below the supply zone, suggesting that liquidity may have already been collected from late buyers. If sellers continue defending this area, the market could rotate lower toward the nearest imbalance and support levels.

The first downside objective is the highlighted support zone around 1.1420, which previously acted as demand during the recent rally. A clean break below this support would strengthen the bearish case and expose the Fair Value Gap below.

The final bearish objective remains the Fair Value Gap around 1.13926, where price could rebalance the remaining market inefficiency before buyers attempt another reaction. As long as price remains below the resistance and Strong Order Block, the short-term bias favors a corrective decline.

However, if the market produces a strong hourly close above the Strong Order Block and sustains trading above 1.14626, the bearish setup would become invalid, indicating that buyers have regained control and further upside may follow.

🔴 Sell Entry: 1.14460

🛑 Stop Loss: 1.14626

🎯 Take Profit 1: 1.14320 ✅

🎯 Take Profit 2: 1.14200 ✅

🎯 Take Profit 3: 1.14080 ✅

🎯 Final Take Profit: 1.13926 ✅

Sumber: Tradingview ID

Artikel Terkait

a
admin⏱ 2 menit baca

admin adalah kontributor di WarKini. Artikel ini diterbitkan pada 03 July 2026.

Komentar (0)

Belum ada komentar. Jadilah yang pertama!

Tinggalkan Komentar