EURUSD EUR/USDOANDA:EURUSDNathan_BrookEurusd is currently trading near a key reaction area around 1.1585, after a strong bullish recovery from the lower levels. Price has now reached a significant supply / order block around 1.1605–1.1614, where strong sellers may step in. A clear rejection from this area followed by a break lower could open the path toward the 1.1558–1.1563 support zone. If selling pressure continues and that support fails, the downside move could extend further. On the other hand, if price holds the reaction area and reclaims the recent highs, another test of the 1.1605–1.1614 supply zone could come into focus. Key idea: Wait for confirmation around the reaction area. A bearish rejection and breakdown favor a move toward the lower support zone, while a strong bullish recovery and breakout above the supply area would invalidate the immediate bearish setup and favor further upside. Trade with proper risk management. If you found this analysis valuable, don’t forget to drop a like and share your thoughts in the comments. Your feedback is always appreciated!