On the H1 chart EUR/USD has been drifting lower within a descending channel, testing the 1.1400‑1.1410 zone over the past 24 hours. The most recent candles show a narrowing range and a modest bullish candle that closed above its open, while volume has tapered from the 8 k peak seen on the sharp dip to sub‑5 k levels, indicating fading selling pressure. The price now respects the 1.1400 support and is nudging the minor resistance at 1.1405, suggesting a potential bottom. A buy near the current level therefore aligns with the break of that resistance, with the stop placed just…

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