EURUSD Faces Triangle Rejection – Bears Stay in Control

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EURUSD Faces Triangle Rejection – Bears Stay in ControlEuro / U.S. DollarFOREXCOM:EURUSDLegionQ8Hello traders! Here’s my technical outlook based on the current EURUSD (1H) chart structure. EURUSD previously traded inside an ascending channel before breaking below support, signaling a bearish trend reversal. After the sharp decline, price moved into a consolidation range, which later broke to the downside, confirming renewed selling pressure. Currently, EURUSD is trading below the 1.1410 Seller Zone while holding above the 1.1350 Buyer Zone. A small symmetrical triangle has formed beneath resistance, and a recent fake breakout above the upper boundary was quickly rejected by sellers. As long as EURUSD remains below the 1.1410 Resistance Level, the bearish scenario remains valid. A rejection from current levels could push price toward the 1.1350 Buyer Zone (TP1). Please share this idea with your friends and click “Boost” 🚀