EURUSD Short: In Descending Channel — 1.1680 Support in FocusEuro / U.S. DollarFOREXCOM:EURUSDheniitradingHello traders! Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD was previously trading under pressure from sellers and buyers forming a triangle. After several breakout attempts, the price managed to break above the structure and entered a short-term consolidation range. After that, the market rose but faced a reversal at the pivot point, signaling strong resistance. Currently, price is trading back inside the descending channel and approaching the 1.1750 supply zone, while holding above the 1.1680 demand zone. A recent reaction from the channel resistance suggests increasing selling pressure. As long as EURUSD remains below the 1.1750 resistance and respects the descending channel, the bearish bias remains valid. A rejection from this area could push price toward the 1.1680 support (TP1). Manage your risk!