The EURUSD H4 chart shows a consolidation phase between 1.1370 and 1.1470, with recent price action testing lower support at 1.13708. The prior candles exhibit a range-bound pattern, characterized by multiple high-low retracements within a narrow band, indicating indecision. However, the closing of the last candle at 1.13708 breaks below the consolidation range, signaling a potential reversal. Volume on this candle (7815) is lower than the preceding consolidation phase, suggesting a lack of immediate follow-through, but the close below the range's lower boundary confirms the breakdown. The pair has been in a bullish trend since early June, with key resistance…

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