DeGRAM | EURUSD reached the upper boundary of the channel

📊 Technical Analysis
● Price is capped by the H4 supply at 1.130-1.135 and the roof of a year-long downward channel; the latest test printed a bearish pin (red arrow).
● Inside, a smaller blue rising channel has just broken south—turning 1.128 into fresh resistance—and leaves room to the mid-channel support at 1.121, then the lower rail / 1.113.

💡 Fundamental Analysis
● ECB’s Villeroy repeated that a June cut is “very likely” while Fed minutes stressed rates may stay restrictive; widening yield gap revives USD demand.

✨ Summary
Fade 1.128-1.131; targets 1.121 ➜ 1.113, extension 1.106. Short view void on a close above 1.135.

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