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02 Apr 2026

๐Ÿ“Š EUR/USD MARKET UPDATE (4H VIEW)

EUR/USD recently broke below trendline support and dropped toward 1.1440, followed by a corrective rebound ๐Ÿ“‰๐Ÿ“ˆ
๐Ÿง  Current structure suggests this move is still part of a larger bearish wave cycle, meaning the market may be consolidating before continuing downside.

๐Ÿ“Œ Key Outlook
๐Ÿ”„ Current rebound = corrective phase (Wave 4 in progress)
๐Ÿ“ˆ Possible extension upward toward 1.1670
๐Ÿ“‰ Bearish continuation expected once correction ends

๐Ÿšจ Critical Level
โ€ข Bearish bias remains valid while price stays below 1.1765

๐ŸŽฏ Conclusion
Market is in temporary consolidation, but overall structure still favors downside continuation (Wave 5 scenario).

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