EURUSD is bearish trend EUR/USDOANDA:EURUSDxulbaale114EUR/USD 1H chart: The broader structure is still bearish (market has been making lower highs and lower lows). Price recently bounced from the 1.1726 low, but the move up looks like just a pullback inside the bearish trend. Current price (1.1802) is under resistance around 1.1831 – 1.1850 zone. Unless we see a strong break and close above 1.1850, this area is likely to act as a supply zone where sellers can step back in. Based on the structure: Bias = Sell (short) around this level, targeting back toward 1.1750 / 1.1726. Invalidation = If price breaks and holds above 1.1850, then the short idea is invalid and we could look for buys targeting 1.1900. So right now: Sell is higher probability.