EURUSD Weekly Technical Analysis – Major Downtrend Line in FocusEuro / United States DollarCMCMARKETS:EURUSDSepidehArjmand📈 EURUSD Weekly Technical Analysis – Major Downtrend Line in Focus As seen on the chart, EURUSD is currently approaching a long-term descending trendline on the weekly timeframe. This trendline has historically acted as a strong supply zone, so it’s crucial to have it drawn on your chart. 🔸 If price manages to break above the resistance at 1.17545, we could see a bullish continuation toward the next targets at 1.17900, 1.18545, and potentially 1.19000. 🔻 However, if price gets rejected around the resistance zone (1.17500–1.17800), key supports to watch are 1.16960, 1.16500, and the major support at 1.14900. ⏳ A move toward the downtrend line is highly likely, but it may take time. Stay patient and monitor these key zones closely. 💬 Follow for more real-time analysis and updates!