Key Levels
Resistance

1.1525–1.1560 – Immediate supply zone.

1.1580 – Upper channel resistance and bullish invalidation.

Support

1.1480 – First downside target.

1.1450 – Secondary support.

1.1410–1.1420 – Major demand zone and final bearish target.

Trading Scenario
🔴 Bearish Scenario (Preferred)

As long as price remains below 1.1560, sellers have the advantage.

A rejection from the current resistance could push EUR/USD toward:

Target 1: 1.1480

Target 2: 1.1450

Final Target: 1.1410

🟢 Bullish Scenario

A strong close above 1.1560 would invalidate the bearish setup.

Breaking the channel resistance could open the way toward 1.1580 and higher.

Conclusion
EUR/USD is displaying a bearish intraday setup after rejecting channel resistance. The current retest of resistance offers a potential continuation opportunity, with downside targets at 1.1480, 1.1450, and 1.1410, provided price remains below 1.1560.