EUR/USD – Bullish Momentum Rebuilds as Price Holds Key Demand ZoEuro/US DollarFX:EURUSDHenrybillionEUR/USD is gradually regaining bullish momentum on the H1 timeframe after successfully defending a series of well-defined demand zones. Price is currently trading above short-term support around 1.1625–1.1630, showing strong signs of continuation to the upside. The corrective pullback into EMA9 has been shallow, indicating that buyers remain in control. A clean higher low structure is forming, suggesting that the market is preparing for another leg upward. Key Technical Levels Support Zones 1.1625 – 1.1630: Immediate intraday demand; currently holding firmly. 1.1580 – 1.1590: Mid-range support, previously acted as a consolidation floor. 1.1555 – 1.1565: Major demand zone, strong historical reaction area. Resistance Targets 1.1675 – 1.1680: Next bullish target; potential take-profit zone if momentum sustains. Technical Insights EMA9: Price has reclaimed the EMA and is using it as dynamic support, a strong bullish indication. Trendline: The ascending trendline from the recent swing low aligns with the current higher low. Price Behavior: Long-bodied bullish candles show growing buyer commitment after a prolonged range. Structure: Market shows a clean transition from accumulation → breakout → retest → continuation. Trading Strategy 1. Buy the Retest (Primary Setup) Entry: 1.1625 – 1.1635 Stop-loss: 1.1605 Target: 1.1675 – 1.1680 2. Buy Lower if Price Pulls Back Deeper Entry Zone: 1.1580 – 1.1590 Stop-loss: 1.1555 Target: Return to 1.1630 → 1.1675 3. Swing Buy from Major Support Entry: 1.1555 – 1.1565 Target: 1.1625 → 1.1680 Reason: Strong historical demand area, ideal for position traders. Market Outlook Bullish structure remains valid as long as price stays above 1.1625. The market is showing signs of a healthy continuation pattern, and buyers may push toward 1.1680 in the next sessions. If you find this analysis helpful, consider following for more high-quality EUR/USD trading strategies.