Maintain the existing short. The broader sequence still has lower structural highs after the decline from 1.1463, and the recovery from 1.1152 is approaching prior acceptance and rejection around 1.1196-1.1222. Recent bullish candles have made progress, but bodies are modest and the latest close at 1.11968 remains below the 1.1210-1.1222 invalidation area. Existing protection above 1.1244 allows ordinary H4 movement, while 1.114688 remains a relevant retest objective. Media context is mixed and secondary, with dollar-exhaustion risk offset by reported euro support weakness.

Hold the short while the H4 rebound remains below 1.1210-1.1222; broader bearish structure and the 1.1147 retest objective remain valid.

The broader structure remains bearish after the decline from the 1.14s into the 1.115 area. Recent candles show a constructive rebound, but the latest high at 1.12044 was rejected and the close at 1.11951 remains below the 1.1210-1.1222 invalidation zone. Maintain the short while that resistance contains price; the existing stop above 1.1242 and objective near 1.1147 remain structurally appropriate.

Hold the short while the H4 rebound remains below 1.1210-1.1222; a break above that zone would invalidate the bearish premise.

The broader sequence retains lower highs and lower lows after the decline from 1.14677, with 1.1210-1.1242 acting as overhead resistance. Price rebounded from 1.11522, but the latest closed H4 candle made no further upward progress and closed at 1.11873 after testing 1.11931. This is momentum loss near resistance rather than established bullish acceptance. Maintain the short with its existing structurally broad stop above 1.1242 and objective near the prior 1.1147 target. Hawkish US rate commentary is secondary support for USD, but the decision is led by price structure.

Hold the short: the rebound stalled near 1.1190 resistance, while the broader H4 downtrend and 1.1147 objective remain intact.

The broader sequence retains lower highs and lower lows after the decline from the 1.1470s. Recent selling reached 1.1152 before rebounding to 1.11747, but the recovery has not reclaimed 1.1185-1.1190 or established bullish acceptance. This is momentum loss near support rather than a confirmed reversal. Maintain the short toward 1.114688 with the existing stop above the larger failed-recovery area.

Hold the short: the rebound from 1.1152 remains below 1.1185-1.1190, leaving the broader bearish structure and 1.1147 objective intact.

Maintain the short. The broader sequence remains bearish, with lower structural levels and renewed downside progress from 1.1209 through 1.1175 to 1.1153. The latest small candles show momentum loss near the lows but no meaningful recovery; price remains below the 1.1185-1.1190 invalidation zone and the 1.1147 objective remains available. Media context also leans toward euro weakness from European energy pressure and relatively supportive USD rate expectations.

Hold the short: bearish H4 structure remains intact below 1.1185-1.1190, and low-level consolidation has not established a reversal.

Maintain the existing short. The broader structure remains bearish, and consecutive H4 declines have extended below the prior 1.1185-1.1190 balance and 1.1161 support. The newest small bearish candle shows deceleration near the 1.1147 objective, but it closed at its low without a bullish rejection sequence. The thesis remains valid below the 1.1185-1.1190 recovery zone, while the current take profit captures the nearby structural objective.

Hold the short as H4 price remains accepted below 1.1161, with no bullish reversal established before the 1.1147 objective.

Maintain the short. The broader structure has fallen from the 1.1485 area through successive lower acceptance zones. Recent candles failed near 1.1217, then closed at 1.11753 and 1.11565 with expanding bearish bodies and clear directional progress. Price has accepted below the former 1.1185-1.1190 floor and broken the 1.1161 area without a reversal sequence. The existing take profit at 1.114688 remains a nearby meaningful objective, while the stop above 1.124488 leaves the thesis invalidation beyond recent resistance. Media context generally favors USD through elevated yields and inflation-sensitive Fed expectations, but price action is the primary confirmation.

Hold the short: expanding H4 losses confirm acceptance below 1.1185 and a break of 1.1161, keeping the 1.11469 objective active.

The broader sequence remains bearish after the decline from the 1.146-1.149 region to 1.11607. Recent price is balancing, but the recovery from 1.11851 has been overlapping and failed to establish acceptance above 1.12168-1.12221. The newest closed H4 candle reversed from 1.12091 to 1.12025, supporting renewed downside testing. Maintain the short with its existing structurally broad protection above 1.12764 and objective near the lower range boundary. Media context is mixed but includes elevated US yields and inflation expectations that can support USD; price action remains primary.

Hold the EURUSD short: the corrective rebound stalled below 1.1222 and the newest H4 candle turned lower, preserving the downside bias toward 1.11796.

The broader H4 structure remains bearish after the decline from 1.1495 through successive lower areas to 1.1161. Recent candles have rebounded from 1.1185 to 1.12091, but bodies are modest, overlap is substantial, and price remains below 1.1222-1.1242 resistance. This is momentum loss and corrective return toward balance rather than an established bullish reversal. The existing short thesis remains valid, with the 1.11796 objective near repeatedly tested 1.1180 support and the 1.12796 stop beyond the recent structural resistance zone. Media context is mixed but includes elevated US yields and inflation expectations that can support USD; price structure remains primary.

Hold the short: the overlapping rebound remains below 1.1222-1.1242 resistance, while the broader H4 downtrend still supports a move toward 1.11796.

Maintain the existing short. The broader sequence fell from the 1.1460-1.1495 region through successive lower areas and recently rejected 1.12424. The latest bullish candle shows a corrective return from support near 1.1180, but it has not reclaimed 1.1222 or the 1.1242 rejection high. The short thesis remains valid while below that resistance zone, with 1.11796 still a relevant objective near the prior 1.1161 low. Existing protection above 1.1276-1.1280 remains structurally valid and avoids tightening inside ordinary H4 movement. Media context is mixed but includes elevated US yields and inflation expectations that provide secondary support for USD strength.

Hold the short: the bounce remains below 1.1222-1.1242 resistance, while the broader H4 decline still favors another test of 1.1180 and 1.1161.

Maintain the short. Broader structure remains bearish from 1.1495 through 1.1161. The recovery to 1.12424 was rejected, followed by two bearish H4 closes to 1.11915. The newest candle recovered only to 1.11998 with a modest body and remains below 1.1204 and the 1.1222-1.1242 resistance area. This supports continued pressure toward 1.1180 and the existing 1.11796 objective. Mixed USD media context does not outweigh price action. The 1.12796 stop remains beyond the recent rebound structure and avoids ordinary H4 noise.

Hold the short: rejection at 1.12424 and renewed closes below 1.1222 keep downside pressure active despite the latest modest bounce.

Maintain the short. The broader sequence remains bearish, with lower structural levels from 1.1495 and failed recovery attempts. After rejecting 1.12424, EURUSD closed below 1.1222 and extended lower from 1.12086 to 1.11915. The latest candle closed near its low, supporting continuation toward 1.1180-1.1161 despite nearby support. Existing protection above 1.1276 preserves the structural invalidation, while the take-profit at 1.11796 matches the first downside objective. Media context is mixed but includes higher US yield and Fed-tightening expectations, secondary support for the price-led short bias.

Hold the short: rejection at 1.12424 produced consecutive bearish closes, with downside progress intact toward 1.1180 while price remains below 1.1222-1.1242.

The broader sequence continues to show lower structural levels after the decline from 1.15486. Recent candles have rebounded from 1.11643, but their limited progress and continued trade below 1.12035 indicate momentum loss rather than an established bullish reversal. Maintain the short toward 1.11607 while 1.12613 remains the wider structural invalidation.

Hold the short: the rebound is slowing downside momentum but remains below broken 1.12035-1.12308 resistance, leaving the bearish structure intact.

The broader sequence retains lower highs and lower lows after rejection from 1.12764. Recent closes remain below 1.12035 and the broken 1.12308 area. The newest candle rebounded from 1.11643 but produced limited progress and did not establish a reversal. Maintain the short toward nearby support while the 1.12613 invalidation remains structurally outside ordinary movement.

Hold the short: the H4 downtrend persists below broken 1.12035-1.12308 structure despite slowing near 1.11643 support.

Maintain the existing short. The broader sequence is defined by lower highs and lower lows from 1.15562, while the latest rebound failed beneath 1.12764-1.12851. Three consecutive bearish closes have broken back below 1.12308 and 1.12025, with the latest candle reaching 1.11752. This confirms continuation rather than balance or reversal. The current 1.11607 objective remains structurally relevant near the prior 1.11607 low, and the 1.12613 stop remains outside the immediate bearish sequence. Hawkish Fed and elevated-yield insights provide secondary support for USD strength, consistent with observed price action.

Hold the short as successive H4 bearish closes confirm continuation below 1.12025 toward the prior 1.11607 low.

Maintain the existing long. The broader structure is bearish, but the newest sequence still represents a countertrend recovery holding above the 1.12308 breakout area. Three small overlapping bearish candles after the 1.12678 close show deceleration beneath 1.12764-1.12851, yet lack the downside progress needed to invalidate the long. The 1.11974 stop remains beyond 1.12025 structural support, while 1.12874 remains a viable resistance objective. Media discussion of softer US employment and a more cautious Fed is secondary support for EURUSD, though price behaviour remains decisive.

Hold the long while EURUSD remains above 1.12308; momentum has slowed below 1.12764, but the rebound is not structurally invalidated.

Maintain the long. The rebound from 1.11607 produced sustained higher closes and reclaimed 1.12308, while the latest pullback is shallow and overlapping. Resistance at 1.12764-1.12851 is limiting progress, but the bullish recovery premise remains valid above 1.12025. Existing protection below that failure area and the objective near the resistance zone remain structurally appropriate.

Hold long: recovery remains accepted above 1.12308; recent hesitation below 1.12764 shows momentum loss, not a confirmed reversal.

Maintain the long. After the 1.11607 rejection, successive H4 closes advanced to 1.12678, reclaimed 1.12308, and produced two expanding bullish bodies with limited overlap. This confirms near-term continuation despite the broader bearish state. Price is close to the existing 1.127288 objective, while the current stop remains below the structural recovery origin; continuation has not yet failed, so neither closure nor reversal is justified.

Hold long as expanding H4 gains and acceptance above 1.12308 support continuation toward 1.12729-1.12851 resistance.

The broader structure remains bearish after the sustained decline from 1.154 area and breakdowns through 1.132 and 1.125. Recent H4 candles show a corrective rebound with smaller, overlapping gains rather than a confirmed directional reversal. The latest candle reached 1.12308 but closed at 1.12217, leaving price below the 1.12555-1.12630 invalidation zone. Maintain the short with existing protection; acceptance above that zone would invalidate it, while renewed weakness targets 1.11607 and 1.11258.

Hold the short: the rebound is testing resistance but remains below 1.12555-1.12630, so the broader bearish structure is not yet invalidated.

The broader sequence retains lower highs and lower lows after repeated breakdowns, including the sharp fall from 1.12555 to 1.11607. The corrective rebound has reached the 1.12148-1.12247 resistance area, but bodies have contracted and the newest candle closed slightly lower at 1.12163. There is not yet sustained acceptance above 1.12247 or recovery through the 1.12555-1.12630 invalidation band. Maintain the short with its structurally placed stop and objective; soft-US-policy insights oppose the trade but have not overturned the dominant price structure.

Hold the short: the rebound is stalling near 1.12247 resistance while the broader H4 downtrend remains intact below 1.12555-1.12630.

The broader sequence remains bearish, with sustained lower highs and lower lows followed by sharp breakdowns through 1.1300 and 1.1220. Four bullish candles from 1.11607 show a meaningful corrective rebound, but the newest close at 1.12197 is only testing the prior 1.12148-1.12205 support/resistance area and has not established acceptance above it. Maintain the short while 1.12555-1.12630 contains price; the existing stop lies beyond that invalidation zone and the target remains aligned with renewed downside below 1.11607. Soft-US-data insights favor EURUSD upside but are secondary and have not yet overturned the bearish H4 structure.

Hold the short: the rebound is testing 1.12148-1.12205 resistance, but bearish H4 structure remains intact unless price gains acceptance above 1.12555-1.12630.

Maintain the short. The broader H4 structure remains bearish, with sustained decline from 1.15984 and a recent expansion below 1.12148 to 1.11607. Three bullish candles show a corrective recovery, but price remains below the broken 1.12148 support and has not reclaimed the 1.12555-1.12630 invalidation area. The existing stop remains outside nearby H4 noise, while the target reflects renewed downside toward the post-breakdown objective.

Hold the short while the H4 rebound remains below broken 1.12148 support; acceptance above 1.12555-1.12630 would invalidate the bearish premise.

Maintain the existing short. Broader structure shows persistent lower highs and lower lows, reinforced by the latest expansion from 1.12536 to 1.11656. Two bullish candles have produced a corrective rebound, but price remains below 1.12148 and has not regained the prior 1.12493-1.12610 acceptance area. The stop above 1.12630 allows ordinary H4 retracement while invalidating the breakdown thesis; 1.11258 remains a reasonable continuation objective. Media commentary is mixed, with softer US labor and cautious Fed expectations potentially weighing on USD, but price has not yet confirmed a EURUSD reversal.

Hold the short: the rebound remains below 1.12148 broken support, while the broader H4 downtrend and 1.12555-1.12630 invalidation zone remain intact.

Maintain the short. Broader structure shows persistent lower highs, lower lows and repeated bearish expansions. The newest candle rebounded to 1.12009 after the sharp fall to 1.11656, but its 1.12075 high stayed below broken 1.12148 support. This limits the rebound to breakout testing while the short thesis remains valid. Retain the existing stop above the 1.12555 breakdown origin and the objective at 1.11258.

Hold the short: the rebound remains below 1.12148, while the broader H4 downtrend and bearish breakout structure remain intact.

Maintain the existing short. The broader sequence retains lower highs and lower lows after the decline from 1.16053 to the 1.12148 area. The rebound has stalled into overlapping candles around 1.1252-1.1258, with no acceptance above 1.12693 or the key 1.12851 swing high. Soft US labor and cautious-Fed commentary is EURUSD-positive secondary context, but price has not confirmed a reversal. The current stop above 1.13115 protects against higher-area acceptance, while the target near 1.11979 remains a meaningful downside objective below the prior low.

Hold the short: the H4 downtrend persists and the rebound remains overlapping below 1.12851, without confirmed bullish acceptance.

The broader sequence remains bearish, with lower highs and lows followed by a sharp expansion beneath prior 1.12650 support. Recent candles show a corrective rebound, overlap, and fading progress below 1.12693-1.12851 rather than acceptance higher. The latest close at 1.12518 keeps the short premise intact. Softer US labor and cautious-Fed commentary could weaken USD, but price has not confirmed a EURUSD reversal. Retain the structurally placed stop above 1.13115 and objective below the 1.12148 swing low.

Hold the short: the rebound is losing momentum below 1.12693-1.12851 while the broader H4 breakdown remains intact.

Maintain the existing short. The broader sequence continues to show lower highs and lower lows after the breakdown through prior support. Recent candles rebounded from 1.12148, but attempts above 1.12693 lacked closing acceptance; the latest candle closed nearly unchanged at 1.12578. This momentum loss below the 1.12978-1.13115 invalidation zone keeps the bearish thesis intact, with 1.12148 and 1.11979 remaining relevant objectives. European fiscal-risk insights also favor EUR weakness, but price structure is primary. Keep the existing structurally wide stop and target unchanged.

Hold the short: the rebound is stalling below 1.12693-1.12851 while the broader H4 downtrend and sub-1.13115 structure remain bearish.

Maintain the existing short. Broader structure remains bearish following sustained lower highs, lower lows and the forceful break beneath 1.12650. The latest rebound recovered from 1.12205 but failed to close above the prior 1.12693 rejection level or the 1.12978-1.13115 invalidation zone. Momentum has slowed and overlap has increased, but no bullish directional change is established. French fiscal stress and safe-haven USD demand provide secondary support for the bearish price bias. The existing stop remains beyond structural invalidation and the 1.1197921 objective remains meaningful.

Hold the short: the rebound remains below key invalidation, while the broader H4 downtrend and euro-area fiscal pressure continue to favor another test of 1.12148-1.11979.

Maintain the existing short. Broader H4 structure shows persistent lower highs and lower lows, with accelerated selling through 1.13200 and 1.12650. The corrective sequence from 1.12148 lacked sufficient progress, and the newest candle rejected 1.12693 before closing near its low at 1.12325. This confirms renewed bearish pressure while price remains below the 1.12978-1.13115 invalidation zone. The existing stop remains beyond that zone and the take-profit targets continuation below the recent swing low without placing protection inside ordinary H4 movement.

Hold the short: the rebound failed below 1.12693 and the latest H4 candle closed bearishly at 1.12325, restoring pressure toward 1.12148 and 1.11979.

Maintain the existing short. The broader sequence shows persistent lower highs and lows, followed by a large bearish expansion through 1.12650. Three smaller bullish candles have recovered to 1.12600, but have not closed above 1.12650 or reclaimed the 1.12978-1.13115 breakdown area. This is presently a return to former support as resistance. The existing stop above that recovery zone remains structurally appropriate, while 1.12148 and 1.11979 remain valid downside objectives. Reports of French fiscal stress and safe-haven USD demand reinforce, but do not override, the bearish price structure.

Hold the short: the rebound is testing broken 1.12650 support, while H4 structure stays bearish unless 1.12650 and then 1.12978-1.13115 are reclaimed.

Maintain the existing short. The broader sequence continues to print lower highs and lower lows, culminating in a large bearish expansion through 1.12650 to 1.12174. The newest two bullish candles are a modest rebound with limited range relative to that expansion; price remains below 1.12650 and well below 1.12978-1.13115 resistance. The short thesis remains valid while that breakdown area caps price, with 1.12148 and the existing 1.11979 objective still relevant. Current protection at 1.1313021 remains outside ordinary rebound structure and should not be tightened into H4 noise.

Hold the short: the rebound remains below 1.12650 after strong bearish acceptance, while 1.12148 and 1.11979 remain viable downside objectives.

Broader structure shows persistent lower highs and lower lows from 1.16415, with accelerating bearish progress into 1.12174. The newest candle rebounded only modestly to 1.12396 and remained entirely below 1.12650, indicating momentum loss or consolidation rather than reversal. The short premise remains valid while H4 closes stay below 1.12978-1.13115. Existing protection above that invalidation zone and the objective near 1.11979 remain structurally appropriate.

Hold the short: the latest H4 rebound is shallow and remains accepted below broken 1.12650 support after a strong bearish expansion.

Maintain the existing short. The broader sequence continues to show lower structural levels from 1.16400 toward 1.13114. The recent recovery reached 1.13800 but failed, followed by renewed bearish progress to 1.13260. The newest closed candle held in a narrow 1.13208-1.13364 range and closed at 1.13287, indicating momentum pause near the lows rather than bullish acceptance. Price remains below the 1.13528-1.13800 invalidation zone, while 1.13114 and the existing 1.13023 objective remain relevant. Media context is mixed but elevated U.S. yields and rate-hike expectations provide secondary support for USD strength. Existing protection remains structurally adequate without tightening inside ordinary H4 movement.

Hold the short: the 1.13800 rebound failed, price remains near the lows below resistance, and the latest narrow H4 candle is consolidation rather than reversal.

The broader sequence continues to form lower highs and lower lows from 1.16538, with recent acceptance below the former 1.13528-1.13636 area. The push to 1.13800 failed and was followed by a decisive bearish close at 1.13260. The newest 1.13265 close is a narrow pause rather than a bullish reversal, so the short thesis remains valid. The existing stop above 1.13800 protects against renewed upside acceptance, while the target below 1.13114 remains a meaningful continuation objective. Media discussion of elevated US yields and possible Fed tightening provides secondary USD-supportive context, consistent with price.

Hold the short: rejection from 1.13800 and the close back near 1.13260 preserve bearish continuation toward the sub-1.13114 objective.

Maintain the existing short. The broader sequence continues to show lower highs and lower lows, with price still below the 1.13528-1.13680 resistance and prior breakdown area. The newest candles show a rebound and reduced downside momentum, but not closed-candle acceptance above resistance. Existing protection above 1.13707 remains structurally appropriate, while the objective near 1.13251 targets renewed bearish progress.

Hold the short while the H4 rebound remains below 1.13528-1.13680 resistance and the broader bearish structure stays intact.

Maintain the existing short. The broader sequence continues to show lower highs and lower lows, while the latest rebound from 1.13287 closed at 1.13459 after testing 1.13569, still beneath the key 1.13528-1.13680 resistance area. This is momentum loss and a corrective return toward resistance rather than confirmed directional change. The stop above 1.13710 preserves room beyond the resistance zone, while 1.132506 remains a valid objective ahead of the 1.13114 swing low. Elevated US yields and rate-hike expectations provide secondary USD-supportive context, but price structure remains primary.

Hold the short: the rebound remains below H4 resistance, while the broader bearish structure and downside objective remain intact.

Maintain the short. The broader structure shows persistent lower highs and lower lows from 1.16538, with recent acceptance below prior support around 1.13680. The rebound from 1.13114 lacked sustained upward progress, and the newest closed H4 candle fell from 1.13401 to 1.13319 near its low. Existing protection above 1.13707 leaves the bearish thesis invalidation beyond the recent balance area, while the 1.132506 target remains consistent with a retest toward 1.13268 and 1.13114. USD-supportive rate and yield commentary is secondary confirmation, though price action is decisive.

Hold the short as the latest H4 candle resumed the broader decline; 1.13268-1.13114 remains the objective while 1.13707 protects against reversal.

Maintain the short. The broader sequence continues to show lower highs and lower lows, with recent downside expansion reaching 1.13114. The newest closed candle recovered only to 1.13403 with a small body after the prior rejection wick, indicating momentum loss rather than a confirmed reversal. Price remains below 1.13528-1.13680, while rising-yield commentary provides secondary USD support. Existing protection above 1.13707 and the objective near 1.13251 remain structurally consistent.

Hold the short: the 1.13114 rebound lacks reversal progress and price remains below 1.13528-1.13680 resistance.

Maintain the existing short. The broader sequence continues to form lower highs and lower lows, with price accepted below the former 1.13528 support. The newest candle shows rejection from 1.13321, but its close at 1.13516 has not established bullish acceptance above 1.13904 or invalidated the bearish structure. Existing protection above the failed rebound zone and the objective near 1.13284 remain structurally appropriate.

Hold the short: the H4 downtrend and break below 1.13528 remain intact despite the latest lower-wick rebound.

Maintain the existing short. Broader structure remains bearish with sustained lower highs and lows from the 1.16538 area. The rebound to 1.14020 failed below prior resistance, followed by renewed bearish progress to 1.13598. The latest close near its low confirms continuation toward 1.13483; no closed-H4 bullish reversal or recovery above 1.13904 is established. Keep the existing structural stop because tighter protection would sit within ordinary H4 movement.

Hold the short: the 1.14020 rebound failed and bearish H4 progress resumed toward 1.13483 without a confirmed reversal.

Maintain the existing short. The broader sequence retains lower highs and lower lows, while the latest rebound remains below 1.13904 and the key 1.14160 invalidation area. Small overlapping candles after 1.13528 show momentum loss near support, but no sustained bullish acceptance. The 1.13483 objective remains reachable. Rising US yields and hawkish Fed expectations provide secondary support for USD strength, consistent with price action.

Hold the short: the failed 1.14108 rebound and continued trade below 1.13904 preserve the bearish H4 structure toward 1.13483.

Maintain the short. The broader sequence retains lower highs and lower lows, while the recent rebound failed beneath 1.1411 and sellers restored acceptance below 1.1370. The newest candle's upper rejection and close near 1.13665 show momentum loss near support, but not enough opposite progress to invalidate the bearish thesis. The existing stop above 1.14160 remains beyond the failed rebound structure, and 1.13483 remains a relevant downside objective.

Hold the short: the failed rebound and renewed trading below 1.1370 preserve bearish continuation toward 1.13483 despite near-term hesitation.

The broader structure remains bearish after the decline from 1.16538 and repeated lower highs and lows. The recent recovery stalled below 1.14108, then the newest sequence printed three bearish closes with expanding downward progress to 1.13659. Price has closed below the 1.13684-1.13699 continuation area and reached 1.13528 intrabar, confirming renewed pressure rather than a durable return to balance. Rising US yields and tighter Fed expectations provide secondary USD-supportive context. Maintain the short with its existing structural stop above 1.14160 and objective at 1.134825.

Hold the short: renewed lower closes confirm bearish continuation below 1.1370, with 1.13483 still viable and 1.14160 remaining the invalidation level.

The broader H4 structure remains bearish, with sustained lower swing levels from the 1.16538 region and price still below the 1.13900-1.14160 resistance band. The rebound peaked at 1.14020 and then produced declining closes to 1.13748; the brief bounce to 1.13860 lacked follow-through. This is bearish continuation testing 1.13684-1.13699 rather than an established reversal. USD-supportive yield and Fed-rate context is secondary confirmation. Maintain the short with its existing structurally placed stop and objective.

Hold the short: the rebound failed below 1.14108 and lower H4 closes have resumed toward 1.13684-1.13483.

The broader structure remains bearish after the decline from the 1.164 area to the 1.136 area. The rebound peaked at 1.14097-1.14108 and then produced lower closes to 1.13776; the latest bounce to 1.13860 also failed to progress and closed back at 1.13825. This is momentum loss in the correction rather than an established bullish reversal. Maintain the short while closed H4 price remains below 1.14160, targeting renewed acceptance below 1.13684 and the existing 1.13483 objective. Hawkish Fed and German political-risk insights are secondary support for EURUSD downside.

Hold the short: the H4 rebound failed below 1.14108-1.14160 and the latest candles are rolling lower within the broader downtrend.

Maintain the existing short. The broader sequence continues to show lower highs and lower lows, while the recent recovery failed to gain acceptance above 1.1402 or challenge the 1.1411-1.1416 invalidation zone. The latest rise to 1.1386 follows a bearish candle and remains overlapping consolidation beneath resistance. Downside continuation is not yet decisive, but the bearish premise remains valid with 1.13483 as the objective.

Hold the short: the rebound remains capped below 1.1411-1.1416, while the broader H4 downtrend still favors another test of 1.13483.

The broader sequence retains lower highs and lower lows after the decline from the 1.16538 swing. Recent buying recovered toward 1.14100 but failed to establish acceptance there; three subsequent closes eased to 1.13906 with shrinking progress. This is momentum loss in a countertrend rebound rather than a confirmed reversal. Maintain the short while closed H4 price remains below 1.14160, targeting renewed movement toward 1.13483.

Hold the short: the rebound stalled below 1.1411 and overlapping bearish closes preserve the broader H4 downtrend while 1.14160 caps price.