EUR/USD – 1H Demand Zone Reaction | Potential Long Setup

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EUR/USD – 1H Demand Zone Reaction | Potential Long SetupEuro vs US DollarICMARKETS:EURUSDforexfire1After a strong bullish retracement from the previous downtrend, price is now retesting a demand/support zone (around 1.1540–1.1560). If this zone holds, we could see another leg up toward 1.1620–1.1660. ⚙️ Example Trade Setup Entry: 1.1550 Stop Loss: 1.1504 Take Profit: 1.1665 Bias: Bullish 🧭 Technical Notes Structure shows a higher low forming. Momentum shift suggests buyers stepping in near 1.1550. A bullish engulfing or strong rejection wick confirmation would strengthen this setup "EUR/USD retesting the 1H demand zone 🔥 Watching for a bullish bounce from 1.1550 area. #EURUSD #ForexTrading #SmartMoneyConcepts #PriceAction #1HChart #DemandZone #BullishSetup #TradingView"