EURUSD H1: Is This the Reversal Point?EUR/USDOANDA:EURUSDEmir_WatenEURUSD has just completed a strong bounce from the demand zone around 1.1360–1.1370, where price touched and held twice before breaking out upward through the 1.1380–1.1390 horizontal resistance zone. The current price structure shows buyers are clearly in control after breaking out of this accumulation zone. What's notable is that price is now approaching the next important resistance zone around 1.14163 — a level that previously played a key role in earlier sessions. With the current uptrend showing no signs of weakening yet, the possibility of price continuing to push up to test this zone is what I'm watching. The next level to watch is 1.14163, an important zone that could determine whether EUR/USD has enough momentum to continue breaking out or gets pushed back down. Area of interest: Wait for price to hold above the old resistance zone at 1.1380–1.1390 to look for buy signals in line with the trend. Invalidation point: If price closes below the demand zone at 1.1360–1.1370, the short-term bullish structure will lose its edge.