Euro Dollar Analysis – Corrective Rebound or Bearish Setup?EUR/USD continues to operate within a controlled market cycle. The sharp decline earlier this week highlighted strong bearish momentum, followed by a corrective rebound that served as a liquidity reset. This rebound is less about trend reversal and more about rebalancing order flow after an aggressive selloff.
The current structure suggests the market may still seek liquidity higher before resuming its dominant direction. A sweep toward the 1.1780 area could attract late buyers, providing larger players the opportunity to offload positions before driving price lower again.
Overall, EUR/USD remains tilted toward the downside. The corrective phase is acting as a preparation stage, positioning the pair for another potential bearish leg once redistribution completes.
