EURUSD 4H – Into Major Demand… Reversal Setup or Breakdown?Euro/US DollarFX:EURUSDFrankAgboEURUSD is currently selling aggressively into a major 4H demand zone, and this area could decide the next multi-day move. After rejecting the 1.1850 supply zone, price shifted bearish and is now approaching the 1.1600 – 1.1630 higher timeframe demand. This is a critical decision point. 📊 Structure Breakdown Here’s what we’re seeing: • Rejection from 1.1850 supply • Lower high formation • Bearish momentum increasing • Now tapping into strong historical demand The market is compressing into a liquidity pocket. Smart money typically reacts strongly at these zones. 🔑 Key Levels to Watch Major Demand (Reaction Zone): • 1.1600 – 1.1630 → 4H demand base • 1.1550 → Deeper support if demand fails Supply Targets (If Bounce Occurs): • 1.1800 – 1.1850 → Mid-range supply • 1.2000 – 1.2050 → Major higher timeframe supply 📈 Bullish Scenario (High-Probability Reaction) If buyers defend 1.1600: • Expect a strong impulsive bounce • First target: 1.1800 • Extension target: 1.2000+ This would create a classic demand-to-supply expansion move. ⚠️ Bearish Scenario (Breakdown Play) If price closes firmly below 1.1600: • Demand becomes invalid • Acceleration toward 1.1550 and possibly lower • Market shifts into continuation bearish structure Watch for momentum confirmation. 🧠 Smart Money Perspective This is a liquidity sweep zone. Aggressive selling into demand often precedes sharp reversals — but only if buyers step in strongly. No reaction = continuation lower. 📌 Summary • Current Bias: Reaction zone • Key Level: 1.1600 • Bounce Target: 1.1800 → 1.2000 • Breakdown Level: Below 1.1600 This is a decision zone. The next 1–2 candles will be critical. 💬 Are you buying the dip here or waiting for breakdown confirmation? Follow for precise supply & demand breakdowns. #EURUSD #Forex #PriceAction #TradingView #SupplyDemand #SmartMoney #TechnicalAnalysis #FX