EUR/USD Technical Analysis | 2H Timeframe

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EUR/USD Technical Analysis | 2H TimeframeEURO / U.S. DOLLARFX_IDC:EURUSDMarketStrategysignals๐Ÿ“Š EUR/USD Technical Analysis | 2H Timeframe ๐Ÿ” Liquidity Sweep & Potential Bearish Reversal ๐Ÿ“Œ Market Overview EUR/USD is showing a short-term bullish recovery after rebounding from the major support zone around 1.1105โ€“1.1115. Price has moved upward and broken a previous structure, indicating short-term buying momentum. However, the market is now approaching a significant buy-side liquidity zone around 1.1240โ€“1.1250, where a potential reaction or reversal could develop. ๐Ÿ”น Key Technical Levels Major Resistance: 1.1269 Buy-Side Liquidity: 1.1240โ€“1.1250 Break of Structure (BOS): Around 1.1215 First Fair Value Gap (FVG): 1.1185โ€“1.1193 Second Fair Value Gap (FVG): 1.1172โ€“1.1178 Bearish Order Block (OB): 1.1160โ€“1.1170 Major Support Zone: 1.1105โ€“1.1115 ๐Ÿ“ˆ Bullish Scenario If price continues to maintain its short-term bullish momentum, EUR/USD could move toward the 1.1240โ€“1.1250 liquidity zone to sweep previous highs. A sustained breakout above this zone could expose the market to further upside toward 1.1269 resistance. ๐Ÿ“‰ Bearish Scenario The preferred scenario is to watch for a potential liquidity sweep into the 1.1240โ€“1.1250 zone, followed by bearish confirmation. If price shows rejection and breaks back below the short-term structure, sellers may regain control and push the market toward the following downside levels: ๐ŸŽฏ Target 1: 1.1190 ๐ŸŽฏ Target 2: 1.1175 ๐ŸŽฏ Target 3: 1.1160 ๐ŸŽฏ Extended Target: 1.1110 (major support) The marked FVGs and Order Block may act as potential reaction zones during a bearish retracement. ๐Ÿง  Trading Plan Monitor price behavior around the liquidity zone. Wait for a clear rejection or bearish market structure shift. Avoid entering short positions without confirmation. Manage risk carefully and respect invalidation levels. โš ๏ธ Invalidation A strong bullish breakout and sustained price acceptance above 1.1269 would weaken the bearish reversal scenario and require reassessment. ๐Ÿ“ Conclusion EUR/USD is currently recovering, but price is approaching a key liquidity area. A possible liquidity sweep followed by bearish confirmation could offer a downside opportunity toward the marked FVGs and Order Block. Patience is key โ€” let the market confirm the setup before taking action. ๐Ÿ“Œ