EUR/USD Forecast Today: Trendline Break Signals Bearish Setup

Hello traders, today we will analyze the EUR/USD chart 📉 pair.

In the last three to four days, the price of Euro USD has been selling well in the market. As you will see in the image below, the market has broken out its support-resistance level and also the trendline.

🔻 Bearish Momentum in EUR/USD

Now there are chances that the market will remain bearish for a few days. Look for a bearish entry. For short-term trading or for swing trading, you can see selling in the market.

🔁 Pullback Entry Zone

Wait for the entry to be a little pullback. Go to your support and resistance, which is on the gray zone chart, and you can sell up with some entry confirmation.

🕒 Short-Term vs Long-Term Outlook

The swing trading and intraday trading are up for now in selling.

In the long term, the Euro USD chart is bullish, but now the Euro USD chart may go down a little in the next few days.

✅ Summary:

Trendline and support broken ✅

Look for selling entries on pullbacks 🔁

H1/H4 confirmation preferred 🕐

Long-term bullish but

 short-term bearish trend expected 🔄