EURUSD Approaching Weekly Resistance—Potential Trend Shift on H4EUR/USDOANDA:EURUSDEasypips98EURUSD has been in a strong bullish push on the H4 timeframe, climbing from the 1.1640 support zone all the way up to the current price near 1.1792. However, price is now approaching a critical Weekly Resistance zone around 1.1800 – 1.1817, a level that has previously acted as a strong supply area. What I'm watching: The weekly resistance zone has been respected multiple times in the past. As price enters this area, I am watching closely for signs of rejection — such as bearish engulfing candles, long upper wicks, or a clear loss of momentum on the H4 chart. Two scenarios from here: Scenario 1 — Bearish rejection (higher probability given weekly resistance): If price shows a clear rejection at the 1.1800 – 1.1817 zone, I expect a potential H4 trend shift from bullish to bearish. The first downside target would be the 1.1700 area, with a deeper pullback toward the key support zone at 1.1640. Scenario 2 — Bullish breakout: If bulls manage to break and close above 1.1817 on the H4 or Daily timeframe with strong momentum, the bullish trend continues and higher targets come into play. Key levels to watch: Weekly Resistance: 1.1800 – 1.1817 Immediate support: 1.1700 Major support zone: 1.1640 Bias: Neutral to bearish at current levels. Waiting for confirmation before entering. No trade is better than a wrong trade at a major resistance zone.