EURUSD | Bearish Structure Remains Below the Major TrendlineEuro vs. US DollarFX:EURUSDSroshMayiEURUSD | Bearish Structure Remains Below the Major Trendline The pair remains under pressure after rejecting the long-term descending trendline and the supply zone, while the U.S. dollar continues to find support from geopolitical uncertainty and expectations that the Federal Reserve could keep interest rates higher for longer. Technically EURUSD continues to trade below the major descending trendline, keeping the overall structure bearish. As long as the price trades below 1.1400, sellers remain in control and the pair is likely to retest 1.1370. A break below this level would expose 1.1340, followed by the yearly support area near 1.1310. However, a 4H candle close above 1.1400, followed by a break of 1.1428, would invalidate the immediate bearish pressure and support a recovery toward 1.1475. Support: 1.1370 – 1.1340 – 1.1310 Resistance: 1.1428 – 1.1475 – 1.1558