EURUSD: Recovery Tests Long-Term Trend ResistanceEUR/USDOANDA:EURUSDSophie_MarenThe broader bearish trend remains intact despite the recent recovery from support. Price has rebounded after defending a key trendline, yet the advance is now approaching long-term descending resistance that has repeatedly capped bullish attempts throughout the prevailing downtrend. Momentum has improved over the short term, allowing buyers to recover part of the previous decline. However, this rebound has not yet altered the broader market structure. The dominant sequence of lower highs remains intact, suggesting that sellers continue to hold the structural advantage while price trades beneath long-term trend resistance. The primary scenario continues to favour the prevailing bearish trend. A rejection from the descending trendline followed by renewed selling pressure would reinforce the existing market structure and increase the probability of another move toward the key support area. The alternative scenario requires stronger confirmation. Buyers would need to establish a sustained break above the dominant descending trendline and maintain that breakout by forming higher highs and higher lows. Until those conditions are met, the current recovery is more likely to be viewed as a corrective move within the broader downtrend. For now, the market is testing an important technical area where trend resistance and improving short-term momentum intersect. The next reaction at this level is likely to determine whether sellers regain control or buyers begin building the first meaningful structural change in the prevailing trend.