Signal EURUSD Sell — H4 - June 2, 2026 21:34 GMT-4
The EURUSD H4 chart shows a bullish trend with higher highs and higher lows, but recent price action suggests weakening momentum. The last three candles (1780286400 to 1780300800) failed to close above 1.1661, with diminishing volume indicating reduced buying pressure. A key resistance level near 1.1661 has been tested multiple times, yet price struggles to sustain rallies, hinting at potential overbought conditions. The current consolidation near this resistance, coupled with lower volume, creates a setup where a bearish breakout is likely. Support at 1.16304 acts as a critical level; if price breaks below it, the downtrend could extend toward the…