EURUSD Bearish Setup – Resistance Rejection and Downside Targets

EURUSD is trading near 1.12368 on the 1-hour chart. Price may move upward toward the resistance zone around 1.1270–1.1278 before facing selling pressure and reversing lower. Targets: - TP1: 1.11835 - TP2: 1.11100–1.11140 (major support zone) Key Levels: - Resistance: 1.1270–1.1278 - Support: 1.1150–1.1160 - Major support: 1.1110–1.1114 The bearish scenario remains valid if price rejects resistance and confirms downward momentum.