EURUSD H1: Can the Demand Zone Reverse the Trend?

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EURUSD H1: Can the Demand Zone Reverse the Trend?EUR/USDOANDA:EURUSDMarcus_lawsonEURUSD has just completed a strong bounce from the demand zone around 1.1350–1.1360, where price formed a clear bottom before breaking out upward through the 1.1380–1.1390 support zone — a zone that previously acted as resistance during accumulation, now flipped into new support. What's notable is that after the breakout, price returned to retest this support zone and continued to hold, suggesting the uptrend structure is fairly solid. With the current momentum, I'm watching the possibility of price continuing to push up to reach two targets above. The next level to watch is TP1 around 1.14217 — the nearest target, and if the rally is strong enough to break through, TP2 around 1.14344 would be the further target. Area of interest: Wait for price to hold above the 1.1380–1.1390 support zone to look for buy signals in line with the trend, heading toward TP1 then TP2. Invalidation point: If price closes below the demand zone at 1.1350–1.1360, the short-term bullish structure will lose its edge.