EURUSD Bearish Setup – Trendline Rejection, Drop Incoming?

Wait 5 sec.

EURUSD Bearish Setup – Trendline Rejection, Drop Incoming?EUR/USDOANDA:EURUSDThomas-Walker-FXEURUSD is currently respecting a strong descending trendline, showing clear signs of weakness after multiple rejections. Price failed to break higher and is now moving lower, with a high probability of testing the key support zone below. 📊 Trade Idea: Entry: Current / minor pullback TP1: 1.1500 TP2: 1.1445 (Support Zone) SL: Above recent high 🧠 Reasoning: Strong downtrend structure intact Multiple rejections from trendline Lower highs forming (bearish signal) Target aligned with strong support area As long as price stays below the trendline, bearish momentum remains valid. ❓ Will EURUSD break this support or bounce from here?