EURUSD M30 – Bearish Setup from Resistance

EURUSD M30 – Bearish Setup from Resistance

EURUSD is currently trading near an important resistance zone, where price may face selling pressure and rejection.

The M30 chart shows a recovery from the marked support area, but the current upward movement is approaching a key resistance level. A confirmed rejection from this zone could create a potential bearish opportunity toward the lower support area.

🔹 Instrument: EURUSD
🔹 Timeframe: M30
🔹 Market Bias: Bearish below resistance
🔹 Key Resistance: 1.1605–1.1610 area
🔹 Potential Target: 1.1570 support zone

⚠️ Risk Management: Always wait for proper confirmation before entering a trade and use appropriate stop-loss and money management.

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