EURUSD - Blocked Below Trendline, Aiming for 1.1365EUR/USDOANDA:EURUSDSwansenseThe decreasing structure is still maintained with a series of lower peaks below the main trendline in the 1h frame. Price is trading around 1.1403 and approaching the resistance zone 1.1405–1.1415, where previous recoveries were quickly rejected. The main scenario is to wait for the price to fail at the resistance zone, then close H1 back below 1.1395. At that time, selling pressure may extend to 1.1380, then the target support zone 1.1365–1.1370. The weakness of the setup is that the price is not too far from the support zone, so selling after a strong falling candle will give a poor risk ratio. Are you waiting for a rejection signal at 1.1410 or expecting EURUSD to break straight to 1.1395?