EUR/USD Daily Analysis: Bearish Outlook Targeting Key Liquidity

The **EUR/USD Daily Chart** presents a clear **bearish structure**, characterized by lower highs and lower lows, with price respecting key supply zones. Recent price action shows a rejection from a prominent **supply zone** (highlighted in orange) in alignment with a **Trend Shift (TS)**, suggesting further downside potential.

Key Observations:
- **Supply Zone Rejection**: Price retraced into a high-probability supply zone, resulting in a strong rejection, reinforcing bearish intent.
- **Daily SIBI Resistance**: The Sellside Imbalance and Buyside Inefficiency (SIBI) aligns with the supply zone, acting as a strong resistance level.
- **Liquidity Target**: The bearish bias targets the liquidity resting below the **1.02241 level**, aligning with previous swing lows.

Fundamental Outlook:
Upcoming high-impact USD events, including **PPI**, **CPI**, and **Retail Sales**, may strengthen the dollar and amplify bearish momentum.

**Trading Plan**:
- **Entry Zones**: Look for bearish setups around retracements into the SIBI or supply zone.
- **Target Levels**: Primary target at **1.02241**, where liquidity resides below the lows.
- **Risk Management**: Invalidate the bearish setup if price breaks and holds above the daily SIBI zone.