EURUSD | Bearish continuation from HTF discount midpoint – weakness below value
EURUSD continues to show a bearish tone after trending lower for the past 32 days, with sellers maintaining control and price consistently printing lower highs.
From a higher timeframe perspective, price is currently trading inside the weekly discount range, around the midpoint of the broader HTF dealing range. Even though price is already discounted relative to the larger range, buyers have not shown meaningful acceptance back into value.
The 1H structure also supports weakness:
• Price remains below Value Area Low (VAL)
• Repeated rejection near prior value / POC
• Lower highs continue to form on intraday structure
• Weak bullish retracements are failing quickly
• Sellers continue defending premium intraday zones
As long as price stays below the current value area, the bias remains bearish with the expectation of continuation lower toward resting liquidity.
Trade idea:
🔻 Bias: bearish continuation
📍 Key resistance: 1.1640 – 1.1665
🎯 First target: 1.1600
🎯 Second target: 1.1585
🎯 Extended target: 1.1550 / lower liquidity zone
🛑 Invalidation: strong reclaim and acceptance back above VAH / value area
Current read:
HTF remains weak, weekly range still trading in discount, and intraday price below value suggests sellers still control the market. Unless price reclaims value with acceptance, rallies look like opportunities for continuation lower.
EURUSD
EURUSD continues to show a bearish tone after trending lower for the past 32 days, with sellers maintaining control and price consistently printing lower highs.
From a higher timeframe perspective, price is currently trading inside the weekly discount range, around the midpoint of the broader HTF dealing range. Even though price is already discounted relative to the larger range, buyers have not shown meaningful acceptance back into value.
The 1H structure also supports weakness:
• Price remains below Value Area Low (VAL)
• Repeated rejection near prior value / POC
• Lower highs continue to form on intraday structure
• Weak bullish retracements are failing quickly
• Sellers continue defending premium intraday zones
As long as price stays below the current value area, the bias remains bearish with the expectation of continuation lower toward resting liquidity.
Trade idea:
🔻 Bias: bearish continuation
📍 Key resistance: 1.1640 – 1.1665
🎯 First target: 1.1600
🎯 Second target: 1.1585
🎯 Extended target: 1.1550 / lower liquidity zone
🛑 Invalidation: strong reclaim and acceptance back above VAH / value area
Current read:
HTF remains weak, weekly range still trading in discount, and intraday price below value suggests sellers still control the market. Unless price reclaims value with acceptance, rallies look like opportunities for continuation lower.
EURUSD 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.