EURUSD: Trendline Rejection Signals More DownsideEuro vs. US DollarFX:EURUSDElibri_Eugen EUR/USD is testing a major descending trendline once again after failing to establish a bullish breakout. Buyers continue to lose momentum beneath dynamic resistance, while the latest MACD crossover points to weakening upside pressure. With the Federal Reserve decision approaching, this technical rejection could become the catalyst for another bearish move if the US dollar regains strength. 📊 Trade Plan 🔻 Entry: 1.13840 🛑 SL: 1.14110 🎯 TP1: 1.13660 🎯 TP2: 1.13450 Why this level matters The descending trendline has rejected every meaningful recovery since the recent swing high, keeping the bearish structure intact. MACD has now turned lower, with both the signal lines and histogram shifting into bearish territory. This suggests momentum is beginning to favour sellers again. A break below local support would confirm the next leg lower. Market Context Attention is firmly on today's Federal Reserve decision. While the ECB remains cautious after holding rates steady, expectations for US monetary policy continue to drive EUR/USD. If the Fed maintains a hawkish tone, renewed dollar strength could reinforce the current technical setup. Trading Scenario 🔻 Preferred: Rejection from trendline resistance opens the way toward 1.13660 and 1.13450. 🟢 Alternative: A decisive close above 1.14110 would invalidate the bearish structure and shift momentum back to buyers.