Signal EURUSD Sell — H1 - July 16, 2026 08:49 GMT-4
On the H1 chart of EURUSD, the pair has been testing a tight range between 1.1445 and 1.1483 over the past 48 hours. A pronounced bullish spike to 1.14825 on strong volume (>10k) created a clear resistance ceiling, but the subsequent pull‑back to the 1.146–1.145 zone occurred on diminishing volume, indicating waning buying pressure. Recent candles show lower highs and a flattening low, a classic down‑trend pattern, while the 1.145 level now acts as a fresh support that aligns with the signal entry. The sell setup is reinforced by a bearish engulfing formation near the high of 1.148, and the…