The EUR/USD pair continues to show bearish potential on the daily timeframe. While Friday's high could be taken as part of a retracement, the overall trend remains bearish.
There is a potential move toward the sell-side liquidity (SSL) below, aligning with unmitigated imbalance zones and market structure.
Watch for price reaction in and around the Daily FVG level and the Fibonacci retracement zones for a potential bearish setup on the lower timeframes.