EUR/USD Rising Trendline Under Pressure – Bearish Breakdown Euro vs United States DollarTICKMILL:EURUSDTrade_ActionTechnical Outlook Trend: Bullish structure remains intact, but momentum is weakening. Resistance Zone: 1.1455–1.1465, where price has been rejected multiple times. Current Support: The rising trendline near 1.1420–1.1425 is the key level to watch. Major Horizontal Support: Around 1.1375, followed by 1.1325. Bearish Scenario If EUR/USD closes decisively below the ascending trendline and the 1.1420 support area, it would signal a shift in momentum toward the downside. Potential downside targets: Target 1: 1.1375 (previous support zone) Target 2: 1.1325 (major demand area) A confirmed break could accelerate selling pressure as buyers exit long positions. Bullish Invalidation The bearish outlook becomes invalid if buyers defend the trendline and push price above 1.1455–1.1465. A breakout above this resistance would confirm renewed bullish momentum and open the door for further gains. Trading Plan Sell Entry: Wait for a confirmed 2-hour candle close below the trendline and 1.1420 support. Stop Loss: Above the recent swing high around 1.1455–1.1465. Take Profit 1: 1.1375 Take Profit 2: 1.1325