EURUSD strong bullish reactionEuro/US DollarFX:EURUSDTrading_Tips1ERUUSD currently moving inside a descending channel, showing a short-term bearish structure. However, price has recently reached the lower boundary of the channel, where we are seeing a strong bullish reaction. This area also aligns with a key support zone, which increases the probability of a reversal. The sharp upward movement suggests that buyers are stepping in, indicating potential exhaustion of the downtrend. In the short term, the market may experience a pullback toward the broken support (now acting as support again) before continuing higher. If this level holds, it could confirm a bullish reversal structure. Looking ahead, if price maintains strength above this zone, the next targets are the highlighted resistance areas above, where price previously faced rejection. A successful break of these zones could lead to a strong upside continuation. Overall, the current setup suggests that the market is shifting from bearish to bullish, and any short-term dips may provide opportunities for further upside movement.