EURUSD Stuck Under Descending ResistanceEuro/US DollarFX:EURUSDRexTraderGOLDOn the H1 timeframe, EURUSD remains firmly in a bearish structure, with price continuing to respect a well defined descending trendline that acts as dynamic resistance. After the impulsive drop from the upper supply zone, the market attempted several corrective pullbacks, but each rebound was capped below prior highs and rejected around the trendline and moving averages. This behavior confirms that upside moves are corrective in nature, not trend reversals. Structurally, the market is printing lower highs and lower lows, while price is trading below both short- and medium-term moving averages, which are still sloping downward a clear sign that bearish momentum remains dominant. The recent pullback into the highlighted resistance zone failed to attract strong buying interest, leading to another rejection and continuation to the downside. This reflects active sell pressure and a lack of bullish commitment at key levels. Looking ahead, price is now approaching the demand zone around 1.1620–1.1618, which is the next critical area to watch. A short-term bounce from this zone is possible due to profit-taking, but as long as price remains below the descending trendline and supply zones, any bounce is expected to be corrective. A clean break and acceptance below demand would open the door for further downside expansion toward lower liquidity levels. Overall, EURUSD is still in a sell-the-rally environment, and only a decisive breakout above the descending resistance would invalidate the current bearish bias.