EURUSD Holds Near a Key Decision ZoneEUR/USDOANDA:EURUSDYong726EURUSD Holds Near a Key Decision Zone — Breakout or Another Rejection? Market Structure EURUSD is currently in a broader bearish structure with short-term stabilization. The sharp decline has paused, and the price is forming a sideways recovery above the recent low. However, the sequence of lower highs has not yet been fully broken. A confirmed move above the recent resistance area would improve the short-term structure, while a break below the range support would place sellers back in control. Key Resistance Zone First resistance: 1.1450–1.1480 This is the nearest resistance zone and the upper boundary of the recent consolidation. Price has struggled to hold above this area, making it the first level that buyers need to reclaim. Second resistance: 1.1500–1.1530 This area includes the psychological 1.1500 level and a previous reaction zone. A confirmed breakout above it would strengthen the recovery outlook. Major resistance: 1.1580–1.1620 This is a broader structural resistance area formed during the previous decline. EURUSD would need to recover this zone before the medium-term bearish structure begins to weaken more clearly. Key Support Zone First support: 1.1400–1.1420 This is the nearest short-term support area. As long as the price remains above it, buyers may continue attempting to break the current range high. Second support: 1.1360–1.1380 This area has produced several recent buying reactions and remains an important support if the price falls back below 1.1400. Major support: 1.1320–1.1350 This is the base of the recent recovery and the most important support zone on the current chart. A break below it would damage the stabilization structure and restore stronger bearish momentum. Market Sentiment Market sentiment is currently neutral with a cautious recovery bias. Selling pressure has eased compared with the earlier decline, but buyers have not yet established a clear breakout. The market is still waiting for confirmation outside the recent range. Above 1.1480, short-term recovery momentum may improve. Below 1.1400, bearish pressure may begin to strengthen again. Please share your view below: Will EURUSD break above 1.1450–1.1480 and continue toward 1.1530? Or will sellers defend the resistance zone and push the price back toward 1.1380? More market structure and key level updates will be shared regularly.