Signal EURUSD Sell — H4 - June 3, 2026 00:34 GMT-4
The EURUSD H4 chart displays a clear bearish structure, with recent candles forming a descending pattern of higher lows and lower highs. Price has consolidated near the 1.1625 level, closing below key resistance at 1.16449, which failed to hold on the previous candle with a sharp decline. The 1.1625 area acts as a critical support, now showing signs of potential exhaustion as volume dwindles below the 1.16449 breakout. The formation of a bearish engulfing pattern on the latest candle, coupled with a close below the 1.1625 pivot, suggests a shift in momentum. Support at 1.1625 has been tested multiple times,…