On the H1 chart the EURUSD pair has been losing momentum after peaking near 1.1475 earlier in the session. The last six hourly candles show a clear series of lower highs and lower lows, with the most recent close at 1.1463 after a modest pull‑back to 1.1474. Volume spiked during the earlier breakout (over 10k contracts) and has since settled around 2‑3k, indicating that the bullish thrust lacked sustained participation and the subsequent sell‑off is being confirmed by the declining volume. Technical resistance formed around the 1.1474‑1.1470 zone now acts as a ceiling, while a descending trendline links the recent…

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