EURUSD Fails at Resistance - Downtrend May ResumeEuro / U.S. DollarFOREXCOM:EURUSDLegionQ8Hello traders! Here’s my technical outlook based on the current EURUSD (2H) chart structure. Price previously moved inside a descending channel, with lower highs confirming bearish pressure. The 1.1580 seller zone repeatedly capped upside, acting as strong resistance. After the decline, price found support at the 1.1520 buyer zone and formed a short-term ascending structure with higher lows along a rising trend line. Currently, EURUSD is holding above 1.1520 and consolidating below 1.1580 resistance, creating compression between support and resistance. As long as EURUSD stays below 1.1580 resistance, the bearish bias remains valid. Look for rejection signals (wicks, lower highs, or failed breakout) at this level. A confirmed rejection could push price back toward the 1.1520 support (TP1). If this level breaks, the move may extend to lower demand zones. Please share this idea with your friends and click Boost 🚀