EUR/USD Struggles Near the LowsEUR/USDOANDA:EURUSDYong726EUR/USD Struggles Near the Lows — Is a Recovery Building or Are Sellers Still in Control? EUR/USD remains under pressure after the sharp decline from the previous 1.1600 area. The pair has been moving lower step by step, and each rebound has struggled to gain real momentum. Although price has started to stabilize near the lower range, the overall structure still favors sellers unless buyers can reclaim the nearby resistance zone. From a market structure perspective, EUR/USD is still in a bearish structure on the 1H chart. Price has continued to form lower highs and lower lows after the breakdown, showing that sellers remain in control of the short-term trend. The current sideways movement around 1.1360 looks like a consolidation phase after the sell-off, but it is not enough to confirm a bullish reversal yet. The first key resistance zone to watch is around 1.1380–1.1400. This is the nearest area where buyers need to show strength. If price breaks above this zone with clear confirmation, EUR/USD may attempt a recovery toward 1.1430–1.1450. That upper zone is more important because it represents the previous breakdown area, and a move back above it would suggest that the bearish pressure is starting to weaken. On the downside, the first key support zone is around 1.1340–1.1320. This is where buyers recently stepped in and slowed the decline. As long as the price holds above this area, EUR/USD may continue to build a short-term base. However, if this support fails, the next downside levels to watch are 1.1300–1.1280, with deeper bearish pressure possibly extending toward 1.1250. For the bullish scenario, EUR/USD needs to hold above 1.1340–1.1320 and break above 1.1400 with confirmation. If buyers can push the price above this level, the pair may recover toward 1.1430–1.1450. A stronger recovery would require the price to stay above 1.1450 and avoid falling back into the lower range. For the bearish scenario, rejection from 1.1380–1.1400 would show that sellers are still defending the rebound area. If the price then breaks below 1.1320, downside pressure may return quickly, with 1.1300–1.1280 becoming the next target zone. As long as EUR/USD remains below 1.1430–1.1450, rebounds may still be viewed as corrective moves within a bearish structure. Market sentiment is currently bearish, but short-term selling pressure has slowed. Buyers are trying to stabilize the pair near support, yet they have not confirmed a real trend shift. This means EUR/USD is now in a decision zone: either buyers reclaim resistance and build a recovery, or sellers use the current bounce as another opportunity to push lower. Right now, confirmation matters more than prediction. Above 1.1400, recovery momentum may improve. Below 1.1320, bearish continuation becomes more likely. What do you think? Will EUR/USD break above 1.1400 and recover toward 1.1430–1.1450? Or will sellers defend resistance and push the pair back below 1.1320? Share your view below.