Signal EURUSD Sell — H4 - June 4, 2026 15:05 GMT-4
On the H4 timeframe, EURUSD has been consolidating within a narrow range between 1.1600 and 1.1650 since mid-May. The recent candles show a breakdown below the critical support level at 1.16139, with the close of the latest candle confirming a bearish reversal. Price action reveals a series of lower highs and higher lows, indicating a weakening bullish trend. The volume spike of 19813 on the entry candle suggests strong selling pressure, validating the shift in momentum. Key resistance at 1.16505 remains intact, but the failure to hold the prior support level signals a potential continuation of the downtrend. The consolidation…