EURUSD Short: Corrective Bounce To 1.1640 Before Move LowerEuro / U.S. DollarFOREXCOM:EURUSDheniitradingHello traders! Here’s my technical outlook on EURUSD (1H) based on the current chart structure. EURUSD previously traded inside an ascending channel before reaching a major pivot high near 1.1800. After rejection from that area, price reversed and entered a descending channel, confirming bearish control. Currently, EURUSD is trading near the 1.1580 Demand Zone while facing resistance from the 1.1640 Supply Zone and the descending resistance line. My scenario: a short-term pullback toward 1.1640 is possible, but as long as price remains below resistance, the bearish bias stays valid. A rejection from supply could push EURUSD back toward the 1.1580 demand zone. Manage your risk!