Technical Analysis for EUR/USD Pair
The EUR/USD pair has begun to decline, showing clear signs of weakness in the previously bullish trend, which has now started to shift into a bearish direction on the hourly timeframe. Prices successfully grabbed the liquidity above the previous day's high and shifted market structure from bullish to bearish.
Additionally, prices formed a Breaker Block on the hourly chart, from which a downside reaction is expected. The current bearish move is supported by the strength of the US dollar.

Key Economic News
There are no major economic events affecting the euro today. However, traders are awaiting a speech by Donald Trump, which is expected to have an impact on market movements.

Liquidity Levels
A bearish price move is expected following the formation of bearish price action around the 1.1655 level, with downside targets at 1.1620 and then 1.1585.
The bearish scenario is invalidated if price revisits the 1.1695 level.