EURUSDEuro vs. US DollarFX:EURUSDHAMED_AZHello Traders! 👋 What are your thoughts on EURUSD? EUR/USD has broken below the 1.1500 support zone and is currently approaching a key resistance area. This zone is reinforced by the descending trendline, the former support turned resistance, and the 50%–61.8% Fibonacci retracement, creating a strong confluence resistance. As long as price remains below this resistance, the broader bearish outlook remains valid. A break below the short-term ascending trendline would confirm the end of the corrective rebound and strengthen the bearish continuation scenario, exposing the next downside targets. However, a daily close above the resistance zone would invalidate this bearish outlook. If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️