EURUSD: A Last Rebound Before a Fall?EUR/USDOANDA:EURUSDParadise_NoirThe recent macroeconomic environment favors the strength of the USD. Global geopolitical tensions create a tendency for money to seek safe-haven assets, and the USD is often the top choice. Meanwhile, rising energy prices are adding strength to the European economy, making it difficult for the EUR to maintain its strength in the short term. This creates a fundamental picture for EUR/USD that remains bearish. From a technical H4 perspective, the market structure maintains another bearish trend. Price is below the Ichimoku cloud and continuously forming lower highs and lows, indicating that selling pressure remains in control. The trendline is also gradually descending, acting as a resistance zone, with each rebound quickly followed by renewed selling pressure. The 1.1600 – 1.1650 region is currently a key area to watch. If the price recovers to this area, it is likely just a technical pullback within the downtrend. In the current context, the short-term upward momentum easily becomes an opportunity to sell and enter the market. The high-performing scenario is that the price could recover, then continue to face selling pressure and retest the 1.1500 area. If this area is broken, the downward momentum could extend further in the coming period.