Signal EURUSD Sell — H4 - June 4, 2026 02:33 GMT-4
On the H4 chart of EUR/USD the market has been oscillating between 1.159 and 1.168 over the past two weeks. A series of higher highs was capped by a sharp 1.16857 peak, after which the price opened lower and closed beneath the prior swing high, forming a bearish engulfing pattern on the 1.167‑1.165 candles. Volume during the rally to 1.166‑1.168 was markedly higher (22k‑24k contracts), but the subsequent pull‑back to the 1.162‑1.163 area saw volume contract, indicating waning buying pressure. The most recent H4 bars have produced lower closes and a descending trendline that now sits just above the 1.161…