The EURUSD H4 chart shows a bearish reversal setup forming near the recent consolidation low at 1.16238. Price has been oscillating within a narrow range since the bullish breakout from 1.15995, but the last few candles reveal declining momentum. The close at 1.16238 marks a pivotal support level, with lower volume (9654) suggesting weakening buying pressure. The prior high at 1.16614 is now under pressure, as price fails to sustain above it despite higher volume spikes earlier in the sequence. This indicates a potential breakdown of the bullish trend, with the current close acting as a key resistance-turned-support level. The…

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