EUR/USD Buy Setup: Key Demand Zone Holds StrongEUR/USDOANDA:EURUSDMrJasim_07EUR/USD 2H Bullish Setup — Support Holding, 1.1470 Target in Focus 📈 EUR/USD is trading near 1.1369, sitting inside a marked higher-timeframe demand/support area after a sharp move lower from the 1.1430–1.1450 resistance zone. The chart suggests that the current decline may be a retracement rather than a complete trend reversal, provided buyers can defend the blue demand zone and build a new higher-low structure. 🟢 The market has already reacted from this area before, and the latest low is marked as a weak low, meaning it may be vulnerable to being swept before a recovery. Patience is important here: the bullish idea becomes stronger only when price shows clear buyer confirmation and begins reclaiming nearby resistance. Key Support Zones 🛡️ 1.1360–1.1370: Immediate reaction area around current price. Holding above it can support a short-term recovery. 1.1335–1.1360: Main demand/support zone shown in blue. This is the most important area for the bullish thesis. Below 1.1335: A decisive 2-hour close beneath the demand zone would weaken or invalidate the buy setup and could expose further downside. Resistance & Target Zones 🎯 1.1400–1.1420: First recovery barrier. Buyers need to reclaim this region to prove momentum is shifting upward. 1.1425–1.1450: Major supply/resistance zone, aligned with the descending trendline and the marked change-of-character area. Expect possible hesitation here. 1.1465–1.1470: Primary upside target zone marked on the chart. This is a logical area to secure partial profits. 1.1480: Strong-high region and extended bullish objective if price breaks and holds above the target zone. 🚀 Trade Plan 💡 The preferred bullish approach is to wait for confirmation from the support zone rather than entering blindly. Look for a bullish rejection candle, bullish engulfing pattern, higher low, or a clean break above local structure around 1.1380–1.1400. A conservative trade plan could be: Price respects 1.1335–1.1360 and forms bullish price action. EUR/USD reclaims 1.1400 and begins holding above it. Target the first resistance area near 1.1420. Reduce exposure into 1.1425–1.1450 supply. Hold only a smaller remaining position toward 1.1465–1.1470 if momentum remains strong. 🎯 Alternative Bearish Scenario ⚠️ If price breaks below 1.1335 with strong bearish candles and fails to reclaim the zone, the bullish setup is no longer valid. In that case, avoid averaging into longs; wait for a fresh structure to form. The market can remain below support longer than expected, especially during high-impact EUR or USD news releases. Risk Management 🧠 Risk management matters more than predicting the exact direction. Keep the stop-loss below the level that invalidates your setup, not at a random distance. Risk only a small, predetermined amount per trade—many traders limit this to 0.5–1% of account equity. Consider taking partial profit at the first target, then moving the stop-loss to breakeven once price has moved in your favour. Avoid chasing price directly into the 1.1425–1.1450 resistance zone, as sellers may react there. 📊 Overall, the chart has a cautiously bullish recovery outlook while EUR/USD holds above the 1.1335–1.1360 demand zone. A confirmed recovery above 1.1400 could open the path toward 1.1450, followed by the marked 1.1465–1.1470 target zone. This is an educational market view, not financial advice.