On the EURUSD H1 chart, the market has been testing a short‑term high near 1.1462, which acted as a strong resistance level confirmed by a volume spike of over 10k contracts. Subsequent candles have shown a decisive pull‑back, with the price breaking the 1.1415‑1.1410 support zone on declining volume, indicating weakening buying pressure. The latest bar closed lower than the prior high, and the price is now trading below the recent swing high, forming a bearish engulfing pattern that suggests momentum is shifting downwards. Given the broken support and the lack of volume‑driven buying, a sell entry around the current…

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