EUR/USD Trendline Retest: Breakout or Bearish Rejection?

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EUR/USD Trendline Retest: Breakout or Bearish Rejection?Euro vs. US DollarFX:EURUSDAdrian_Trades_EUR/USD is currently trading inside a descending structure after a strong bearish impulse from the 1.1430 area. Price has formed a short-term consolidation zone around 1.1380–1.1385, which is acting as an important intraday decision area. My primary outlook is a bullish retest toward the descending trendline and the 1.1410 resistance zone. A successful break and close above the trendline could trigger further upside momentum. However, if price fails to break the trendline and loses the 1.1375 support area, the bearish scenario becomes more likely, targeting the lower channel support and the 1.1345 region. Key Levels: Buy zone: 1.1380 – 1.1385 Bullish target: 1.1410 Bearish confirmation: Below 1.1375 Downside target: 1.1345EUR/USD is currently trading inside a descending structure after a strong bearish impulse from the 1.1430 area. Price has formed a short-term consolidation zone around 1.1380–1.1385, which is acting as an important intraday decision area. My primary outlook is a bullish retest toward the descending trendline and the 1.1410 resistance zone. A successful break and close above the trendline could trigger further upside momentum. However, if price fails to break the trendline and loses the 1.1375 support area, the bearish scenario becomes more likely, targeting the lower channel support and the 1.1345 region. Key Levels: Buy zone: 1.1380 – 1.1385 Bullish target: 1.1410 Bearish confirmation: Below 1.1375 Downside target: 1.1345