EURUSD Facing Selling Pressure - Downside To Trend Line in Focus

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EURUSD Facing Selling Pressure - Downside To Trend Line in FocusEuro / U.S. DollarFOREXCOM:EURUSDLegionQ8Hello traders! Here is my technical forecast based on the current EURUSD (2H) chart structure. The EURUSD pair was previously moving down, showing bearish pressure. After forming a bottom, the price reversed and broke the key range, entering a bullish phase. Following this, EURUSD reclaimed the 1.1650 buyer zone, confirming it as a strong support level, and continued moving within an ascending structure with higher lows. Currently, price has shown a rejection of the 1.1760 resistance level (seller zone) and is facing pressure from the descending resistance line. The recent rejection confirms the weakness and increases the likelihood of a downward move. As long as EURUSD remains below 1.1760, the bearish scenario stays valid. A breakdown of the local support and ascending trendline could push price toward the 1.1650 buyer zone (TP1). Please share this idea with your friends and click Boost 🚀