Orderflow x Auction TheoryEuro/US DollarFX:EURUSDFervTradesThe 4H chart of Euro Futures (6EZ025) shows that after drawing on liquidity above 1.1930, price reversed and is now retracing into a demand zone around 1.1780–1.1800, overlapping with a weak order block and near the value area high. While short-term reactions may offer a bounce back toward the balance zone around 1.1850–1.1870, the overall structure remains bearish, suggesting that if demand fails, price is likely to continue lower into the broader fair value area near 1.1680.