EUR/USD Testing Trendline Resistance | Recovery Structure Develo

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EUR/USD Testing Trendline Resistance | Recovery Structure DeveloEuro vs. US DollarFX:EURUSDjimmy-trader1EUR/USD is approaching a significant technical area where a descending trendline intersects with a developing recovery structure. After respecting the ascending support channel, buyers have managed to stabilize price above recent swing lows, suggesting that downside momentum may be slowing. The projected path illustrates one possible scenario in which price briefly retests support before attempting another move toward trendline resistance. A sustained move above the descending trendline could improve the short-term technical outlook and shift attention toward higher resistance levels. For now, the ascending channel remains the key structure to monitor, while reactions around the trendline may provide additional confirmation for the next directional move. Key Support 1.1400 – 1.1403 1.1395 Key Resistance 1.1415 1.1423 1.1435 Potential Targets 🎯 Target 1: 1.1415 🎯 Target 2: 1.1425 🎯 Target 3: 1.1435