EURUSD Approaching Major Resistance | Bearish setup In focusEUR/USDOANDA:EURUSDBerlinGoldInsightsEURUSD has produced a strong bullish rebound after respecting a well-defined support zone, showing that buyers are still active in the short term. The recent impulsive move indicates a temporary shift in momentum, but price is now approaching a significant resistance area where selling pressure has previously entered the market. This resistance aligns with a previous supply zone, making it an important decision point. As long as price remains below this level, the overall market structure continues to favor the bears despite the current recovery. A rejection from resistance could confirm that the recent bullish move was simply a corrective pullback within the broader downtrend. In that case, sellers may regain control and push price back toward the marked downside target. On the other hand, if buyers manage to break above the resistance with strong momentum and secure a convincing candle close, the bearish outlook would weaken and the market could continue higher toward the next resistance area.