EUR/USD Analysis – Potential Rejection at Key Resistance

On the EUR/USD chart, the price is currently not near the resistance level, but if it rises back to this zone, we could see a potential rejection, offering a good shorting opportunity. This resistance has acted as a strong barrier in the past, and with the right setup, it could provide a favorable risk-to-reward trade. Keep an eye on the price movement as it approaches this level and watch for confirmation signals before entering the trade.