Euro H1: Upward Resistance, Bearish SignalEUR/USDOANDA:EURUSDAllison_LutherXOn H1, the price is still below the downtrend line and continuously forms lower peaks. The 1.1410–1.1430 zone is currently the confluence area between horizontal resistance and the main trend line. RSI recovering from the low range shows that the price may recover further, but this is more consistent with a technical correction. The main scenario is to wait for EURUSD to approach 1.1405–1.1425 and a signal of rejection of the increase appears. If prices then close back below 1.1390, selling pressure could drag the pair towards 1.1370, beyond the 1.1360 bottom. The weakness of the setup is that the price is quite close to support, so selling around 1.1380 has a bad risk ratio and is easy to encounter a sweep up before falling. The bearish scenario is invalid if EURUSD closes H1 firmly above 1.1435, confirming the trendline is broken.