EURUSD: Sellers Continue to Defend the 1.1415 LevelEUR/USDOANDA:EURUSDNira_raEURUSD maintains a bearish trend on the H1 timeframe, consistently forming lower highs beneath the downtrend line. Selling pressure emerges quickly whenever the price rallies toward the 1.1415 zone, indicating that this area remains a key resistance level and that sellers retain the upper hand. Fundamentally, the US dollar remains supported by expectations that the Fed will keep interest rates high, while the market awaits the outcome of the ECB meeting. Divergent monetary policy expectations continue to weigh on the euro, suggesting that current rallies are likely merely corrective moves within the broader downtrend. The preferred scenario is to wait for the price to retest the 1.1415 level and show a clear signal of rejection. If sellers successfully defend this area, EURUSD could decline toward the 1.1388 support zone, where buying interest is expected to emerge. Strategy: Prioritize selling (short positions) if a bearish reversal signal appears at 1.1415, targeting 1.1388. The bearish scenario would be invalidated if the price closes above 1.1415 on the H1 timeframe.