EURUSD: Faces Key Resistance, Bearish Pullback Is PossibleEuro / U.S. DollarFOREXCOM:EURUSDRatnerHello everyone, here is my breakdown of the current EURUSD setup. Market Analysis EURUSD previously traded inside a broad consolidation range before breaking below the range support, confirming a bearish shift. Price then recovered inside an ascending channel, but buyers failed to sustain momentum, leading to another downside breakout and a continuation of the prevailing downtrend. Currently, EURUSD is trading above the 1.1370 Support Zone while remaining below the 1.1440 Resistance Zone. After forming a local low, price rebounded sharply and is now trading inside a developing triangle pattern, approaching the upper resistance boundary where sellers may re-enter the market. My Scenario & Strategy As long as EURUSD remains below the 1.1440 Resistance Zone and continues to respect the triangle resistance, the bearish scenario remains valid. A rejection from current levels could push price back toward the 1.1370 Support Zone (TP1). However, if EURUSD breaks above the resistance zone and confirms a bullish triangle breakout, the bearish outlook would weaken and a stronger recovery could develop. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.