Bitcoin

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BitcoinEuro vs US DollarICMARKETS:EURUSDMARKET_WIZARD1EUR/USD remains under bearish pressure after breaking below key support levels and continuing its sequence of lower highs and lower lows. The descending trendline continues to act as dynamic resistance, confirming that sellers still control the broader market structure. 🚫 Trendline Resistance Still Active Recent bullish attempts have failed to break above the falling trendline, showing that selling pressure remains dominant. Until price closes above the trendline and key resistance zones, the bearish outlook remains valid. ⚡ At a Critical Support Zone Price is currently trading near a major support area where liquidity is resting. This level could trigger a short-term rebound, but a confirmed breakdown would likely attract additional sellers and accelerate the downside move. 🎯 Key Levels 🔺 Resistance: 1.1400 – 1.1450 🔻 Support: 1.1360 – 1.1370 🎯 Bullish Recovery Target: 1.1450 – 1.1470 📉 Breakdown Target: 1.1350 and below 📊 Technical Bias: Bearish 📉 Trend: Downtrend Intact ⚠️ Current Focus: Reaction from Major Support