Euro / U.S. Dollar
Short

EUR/USD.1h chart pattern

193
EUR/USD 1-hour chart im shared, the analysis appears to show a bearish outlook with two clearly marked downside targets after a potential break of the ascending trendline and support zone.


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📉 Bearish Scenario:

Price is currently around 1.1718

Price has broken or is testing the rising trendline.

It’s also below the Ichimoku cloud (bearish signal).

Two downside "TARGET" levels are marked with arrows.



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🎯 Target Zones on the Chart:

1. First Target Position:

Approximate Level: 1.1655



2. Second (Lower) Target Position:

Approximate Level: 1.1500





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✅ Summary:

📍 Current Price: ~1.1718

🔽 Target 1: 1.1655 – Near-term bearish target.

🔽 Target 2: 1.1500 – Extended bearish target if momentum continues.


Let me know if you'd like help with stop loss placement or risk/reward analysis for this setup.

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