EURUSD Liquidation of 1.0223 will trigger a fall

EURUSD shows no signs of being ready to go up. The Euro is under pressure from the economic environment and a strong dollar. Thus, we can say that the fundamental background is negative. Technical analysis confirms this with a downward trend and retesting of the key support, which may lead to a breakdown and continued decline.

Scenario: The currency pair ends the week extremely negatively. There are no forces to grow yet. The price closes very close to the level that is trying to contain the fall. There is a huge pool of liquidity below 1.0223, if this level is broken, liquidation of traders may strengthen the fall.