The EUR/USD 1-hour chart shows a clear bullish reversal. Euro vs United States DollarTICKMILL:EURUSDAlpha_Trade_ScopeThe EUR/USD 1-hour chart shows a clear transition from a bearish trend into a bullish reversal. Initially, the market was moving downward, forming consistent lower highs and lower lows, indicating strong selling pressure. Price eventually reached a marked demand zone at the bottom, where buyers stepped in and began to absorb selling momentum, leading to a temporary consolidation phase. Within this demand zone, a change of character (CHOCH) appears, signaling the first indication that the bearish structure is weakening. Shortly after, the market confirms a bullish shift with a break of structure (BOS), as price pushes above previous lower highs. This marks the beginning of a new upward trend, supported by increasing buying strength. As price continues to rise, it forms a steady upward movement within a defined ascending channel. The price also begins to reclaim and move above the Ichimoku cloud, further reinforcing the bullish outlook. This suggests that momentum has shifted in favor of buyers, with higher highs and higher lows developing consistently. The overall projection shows price continuing along this bullish path toward a target near the 1.1600 level, which aligns with the upper boundary of the channel. This target represents a key resistance area and the expected continuation of the newly established uptrend.