I just launched a free 3-day SMC strategy course that walks through exactly how I trade structure, liquidity, and entries as a full-time trader. You can access it here: https://access.dailypriceaction.com/smc-strategy EURUSD is sitting at a key decision point as we head into April. In this video, I break down the current structure on EURUSD using Smart Money Concepts (SMC), including the levels that will determine whether the euro continues lower or pushes higher first to rebalance the market. On the 4-hour timeframe, EURUSD has been trading in a sideways range since early March despite the broader downtrend. As long as price remains below the external high near 1.1665, the overall market structure remains bearish. That level is critical because it formed after a break of structure (BOS) that confirmed the current bearish market structure. Until that high is reclaimed, the euro remains technically bearish. Price is also sitting near the upper portion of a descending channel. I’m not using the channel to look for breakouts, but rather as a guide to identify trend extremes. When price reaches areas like this in a downtrend, it often becomes a region where the market either rotates lower or pushes higher to rebalance inefficiencies. As we move into April, there are two main scenarios to watch. The first is a rotation lower from current levels that continues the broader downtrend. The second is a push higher that sweeps recent highs and mitigates the imbalance left behind during the aggressive selloff in early March. Instead of guessing which outcome will play out, the focus is on lower timeframe confirmation. If EURUSD produces a 15-minute change of character (CHoCH) below roughly 1.1580, that would signal a potential short setup targeting recent lows. However, if that level holds and the euro continues higher, the market could push into the imbalance region created earlier in March before rotating lower. From a higher timeframe perspective, the daily chart recently produced its first bearish change of character since 2024. That’s a significant structural shift and one of the main reasons I remain bearish on the euro overall, even if we see a short-term rally first. I also break down the U.S. Dollar Index (DXY) in this video, which is testing a key region within its own structure. What the dollar does next could play a major role in EURUSD’s direction as we begin April. Topics covered in this analysis: • EURUSD market structure and break of structure (BOS) • The key external high around 1.1665 • Premium and OTE zones for potential shorts • Lower timeframe confirmation using CHoCH • The significance of the recent daily change of character • How DXY structure may influence EURUSD #forex #eurusd #smc #smartmoneyconcepts #priceaction #dxy #forextrading CHAPTERS 00:00 EURUSD April Outlook 00:19 EURUSD Bearish Structure 02:24 EURUSD Two April Scenarios 03:18 Free SMC Course 03:39 EURUSD 15-Minute CHoCH 06:35 Daily Bearish CHoCH 07:33 DXY Make-Or-Break Level 11:42 EURUSD April Bias SMC LESSONS BoS and CHoCH made simple https://youtu.be/FE1bgD9N6DM Steal my liquidity sweep entry model (beginner-friendly) https://youtu.be/XH4TAoLCFBk Premium, discount, and OTE explained https://youtu.be/UWrvexqN3w8 Disclaimer: This video is for educational purposes only and is not financial advice. Trading forex, crypto, and other markets involves risk and may not be suitable for all investors. Always do your own research and never risk money you can’t afford to lose. I am not responsible for any losses you may incur from acting on the information in this video.