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02 Apr 2026

📊 EUR/USD MARKET UPDATE (4H VIEW)

EUR/USD recently broke below trendline support and dropped toward 1.1440, followed by a corrective rebound 📉📈
🧠 Current structure suggests this move is still part of a larger bearish wave cycle, meaning the market may be consolidating before continuing downside.

📌 Key Outlook
🔄 Current rebound = corrective phase (Wave 4 in progress)
📈 Possible extension upward toward 1.1670
📉 Bearish continuation expected once correction ends

🚨 Critical Level
• Bearish bias remains valid while price stays below 1.1765

🎯 Conclusion
Market is in temporary consolidation, but overall structure still favors downside continuation (Wave 5 scenario).

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