EURUSD (1H) – Pullback Into Demand Zone, Key Decision Ahead

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EURUSD (1H) – Pullback Into Demand Zone, Key Decision AheadEuro/US DollarFX:EURUSDPEAKALPHAFXMARKETSEURUSD Structure | Trend | Key Reaction Zones Price recently broke out of a rising channel, retracing sharply back into the demand zone (1.1610 – 1.1630). The structure still holds higher lows (HL) but faces resistance near 1.1680. Market Overview After strong bullish momentum towards 1.1740, EURUSD rejected at major resistance and is now consolidating lower. The demand zone will act as a make-or-break level. A bounce may confirm bullish continuation, while a breakdown could extend bearish momentum. Key Scenarios ✅ Bullish Case 🚀 → 🎯 Target 1: 1.1680 🎯 Target 2: 1.1720 🎯 Extended: 1.1743 ❌ Bearish Case 📉 → 🎯 Downside Target 1: 1.1610 🎯 Downside Target 2: 1.1580 🎯 Extended: 1.1574 Current Levels to Watch Resistance 🔴: 1.1680 – 1.1720 Support 🟢: 1.1630 – 1.1610 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.