On the EUR/USD M5 chart the market has been carving a descending staircase from the 1.147 region down to the low‑140s, with each swing losing momentum. The last three candles (1.1379‑1.1380 range) are tight, low‑volume and indecisive, suggesting a pause near a strong support zone around 1.1365‑1.1368, which held earlier on the 1.13655 low. Volume has been tapering as price fell, indicating sellers are losing conviction. A bullish engulfing‑type candle breaking above the recent high of 1.1380 would confirm a reversal, giving the trade a clear upside target near 1.1391. The stop is placed just below the support line, protecting…

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