EUR/USD Holds Near 1.1400 as Bearish Flag Pattern Persists

EUR/USD trades around 1.1385-1.1400 in early July, capped by resistance and showing limited follow-through after a corrective rebound. The pair plunged to a fresh yearly low of 1.1324 on June 25 after breaking below 1.1400 support, driven by hawkish Fed repricing and fading ECB tightening expectations. Despite brief spikes toward 1.1436, momentum has stalled below the 10-day moving average and key resistance at 1.1450-1.1500. A bearish flag pattern on the 4-hour chart keeps downside risks intact ahead of US jobs and inflation data.