EURUSD Long: Upward Demand Line Signals Possible Move to 1.1670Euro / U.S. DollarFOREXCOM:EURUSDheniitradingHello traders! Here’s my technical outlook based on the current EURUSD (2H) chart structure. EURUSD previously traded inside an ascending channel after rebounding from the major pivot low. After rejecting from the upper channel resistance, price broke below the structure and shifted into a bearish phase under the descending trendline. Currently, EURUSD is trading above the 1.1620 demand zone while remaining below the 1.1670 supply zone, which continues to act as the key resistance area. Price recently formed a short-term demand line and is attempting to recover from support. As long as EURUSD remains above the 1.1620 demand zone and continues to respect the ascending demand line, the bullish recovery scenario remains valid. A continuation higher could push price toward the 1.1670 resistance zone (TP1). Manage your risk!