The EURUSD H4 chart shows a clear consolidation phase between 1.1620 and 1.1660, with recent price action failing to break above the 1.1660 resistance. The last three candles have closed near the lower end of this range, forming a descending pattern that suggests weakening bullish momentum. Volume has declined steadily, with the most recent candle at 1.16436 showing a sharp drop to 2072, indicating reduced participation. The price is currently testing the 1.16276 level, which aligns with a key support zone formed by multiple low closes. The structure indicates a potential reversal setup, as the close below 1.16276 could trigger…

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