Signal EURUSD Sell — H4 - June 3, 2026 04:50 GMT-4
The EURUSD H4 chart reveals a bearish breakout below the critical support level at 1.16124, marked by a close near the low of the candle with elevated volume (13236), signaling strong selling pressure. Following a prolonged consolidation phase between 1.163 and 1.165, the price has tested and failed to sustain above 1.16491, indicating weakening bullish momentum. The recent formation of lower highs and lower lows suggests a potential trend reversal, with the H4 structure aligning with a descending channel pattern. The close at 1.16124 breaks below the key support, creating a clear bearish setup. Volume remains elevated during the downtrend,…