EURUSD Short: Trendline Resistance Signals Move Toward 1.1370

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EURUSD Short: Trendline Resistance Signals Move Toward 1.1370Euro / U.S. DollarFOREXCOM:EURUSDheniitradingHello traders! Here’s my technical outlook based on the current EURUSD (3H) chart structure. EURUSD previously traded below a long-term descending trendline after breaking down from a consolidation range, confirming strong bearish momentum. Currently, EURUSD is trading above the 1.1370 Demand Zone while remaining below the 1.1470 Supply Zone. Price is forming a rising structure but continues to face resistance from the long-term descending trendline. As long as EURUSD remains below the 1.1470 Supply Zone and respects the descending trendline, the bearish scenario remains valid. A rejection from current levels could push price toward the 1.1370 Demand Zone (TP1). Manage your risk!