This is where stop-loss orders of buyers may sit.Euro / United States DollarCMCMARKETS:EURUSDICTEliteForexFormulaPrice Action Current price: ~1.1702. Recent strong downtrend, with consecutive bearish candles. Market is consolidating near a short-term bottom. Key Levels SSL (Sell-Side Liquidity): Marked just below the recent lows (~1.1690 area). Buy-Side Liquidity: Marked higher, near 1.1765 – 1.1780, where stops of sellers and pending buy orders may be positioned. Draw on Liquidity: Indicates that the market may first sweep liquidity before making its move. Market Structure Current trend: bearish, but weakening. Idea: A liquidity sweep at the lows may trigger a reversal. Setup: Bullish reversal opportunity after stop-hunt. ⚡ Summary: EUR/USD is in a short-term downtrend, but the chart suggests a possible liquidity grab below 1.1690, followed by a bullish rally toward 1.1765 – 1.1780.