On the H4 chart of EUR/USD the market has been consolidating between 1.1625 and 1.1600 for the past two weeks. A series of lower‑highs and lower‑lows emerged after the candle at 1780488000, where the close slipped below the 1.1615‑1.1620 resistance zone. Volume has been tapering, with the last three bars showing a decline from ~19k to under 5k contracts, indicating waning buying interest and a lack of conviction behind the recent rallies. The price now sits just above the 1.1595 low, which acted as a swing‑low and a potential support break. A break below this level would confirm a short‑term…

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