EURUSD Weekly Analysis – Short Opportunity from Lower HighEUR/USDOANDA:EURUSDMr1-5EURUSD is currently rejecting the lower high area of the major descending channel while also touching the upper boundary of the minor ascending channel. This confluence suggests strong selling pressure if the pair fails to break above this resistance zone. 🔹 Trade Plan SELL ZONE: NOW ( 1.16510 ) STOP LOSS: 1.1685 TAKE Profit Targets: Target 1: 1.1550 Target 2: 1.1300 🔎 Technical Outlook The broader Weekly trend remains bearish, with consistent Lower Highs and Lower Lows. The 1.1600–1.1625 zone aligns with: The descending channel’s resistance. A previous swing high. The psychological 1.1600 level. This makes it a high-probability zone for sellers to re-enter. ⚠️ Disclaimer: This is personal analysis, not financial advice. Always manage your risk and follow your trading plan.