EURUSD LongEuro/US DollarFX:EURUSDProSignalaiEURUSD 15-Minute Technical Analysis EURUSD has broken through a key intraday structure level with strong bullish momentum, indicating continued institutional interest on the buy side. The market is now approaching a higher-timeframe supply region while leaving behind a well-defined demand zone that could serve as a launchpad for further upside. 🔍 Market Structure & Momentum: Break of Structure (BOS) was confirmed after the recent surge above the previous high, validating the current bullish trend. Price has rallied aggressively from the IDM low at 1.16908, sweeping short-term liquidity and suggesting smart money involvement. We are now trading inside a minor supply zone and approaching a broader liquidity cluster between 1.17550 – 1.17800. 🟩 Key Demand Zone Level: 1.16980 – 1.17100 This zone marks a significant accumulation area where the market built up momentum before the breakout. It's also in line with the IDM (Internal Drawdown Marker), serving as a technical retracement level. A retracement into this demand zone would align with a classic bullish continuation pattern, offering a potential re-entry area for long positions. The imbalance left behind further supports this zone’s potential to hold. 🟥 Overhead Supply Zones (Resistance Clusters): First Zone: 1.17550 – 1.17700 Second Zone (Stronger): 1.17750 – 1.17900 These zones represent unmitigated supply levels from previous sell-offs and may act as profit-taking or short-term reversal points for intraday traders. These areas are where we expect higher levels of volatility and potential bearish reaction before continuation or reversal. 📈 Expectations & Trade Setup: Anticipation of a retracement into the 1.16980–1.17100 demand zone for price to establish a higher low before pushing toward unfilled liquidity above 1.17550. If demand holds, a bullish continuation could aim for 1.17750–1.17900, where confluence with past supply suggests caution. Should price fail to hold the demand, bearish momentum could pull price back toward the lower demand block at 1.16500 (aligned with the 0.5 fib level of the prior impulse).