EURUSD Daily - Bearish Pressure Near Tendline Support

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EURUSD Daily - Bearish Pressure Near Tendline Support Euro/US DollarFX:EURUSDFX_Agency_World5EURUSD is trading near a key support zone after rejecting from higher levels on the daily timeframe. Price is currently testing the ascending trendline area while bearish momentum remains active. The pair has started forming lower highs, suggesting sellers may continue pushing price toward the demand zone around 1.1500 if support fails to hold. 🔍 Key Levels: • Resistance: 1.1600 – 1.1650 • Support Zone: 1.1500 – 1.1520 📊 Outlook: As long as price remains below nearby resistance, bearish continuation toward lower support levels remains possible. Buyers need a strong reaction from the support zone to regain momentum. ⚠️ Wait for confirmation before entry and always manage risk during high-impact news events.