EURUSD Short: Faces 1.1800 Resistance - Downside Toward 1.1700Euro / U.S. DollarFOREXCOM:EURUSDheniitradingHello traders! Here’s my technical outlook based on the current EURUSD (4H) chart structure. EURUSD previously moved inside a descending channel, forming lower highs and confirming bearish pressure. After a breakdown, price found a pivot point and started a recovery phase, shifting into a bullish structure with higher lows. Currently, price is trading above the 1.1700 demand zone, which acts as key support, while approaching the 1.1800 supply zone. At the same time, a descending supply line is acting as dynamic resistance, and a recent fake breakout indicates selling pressure at higher levels. As long as EURUSD remains below the 1.1800 resistance and respects the descending supply line, the bearish scenario remains valid. A rejection from this zone could push price back toward the 1.1700 support (TP1). Manage your risk!