The EURUSD H4 chart displays a clear consolidation phase between 1.1620 and 1.1650, with recent closes hovering near the lower end of this range. A decisive breakdown below the key support level at 1.16202 has formed, marked by a close beneath the previous low and a contraction in bullish momentum. The volume spike around 1.1648 suggests a strong rejection of higher prices, reinforcing the validity of the sell signal. The current price action aligns with a bearish setup, as the market has failed to sustain rallies above 1.1650, indicating waning buying pressure. The consolidation has created a potential reversal pattern,…

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