The EUR/USD currency pair has retreated after failing to break above the 100-hour moving average near 1.15397, as well as a swing zone between 1.1541 and 1.1546. This failure has restored bearish momentum, with the pair now testing support at 1.1512. Further downside targets are identified at 1.1503, 1.1500, and 1.1490. A sustained move above 1.1546 would be required to challenge the current bearish bias.