EURUSD Bearish Structure Meets Critical DemandEUR/USDOANDA:EURUSDDANIEL-CARTEREURUSD Technical Analysis: Strong Bearish Momentum at a Major Demand Zone EURUSD continues to show a clear bearish market structure, characterized by lower highs, lower lows, and multiple bearish breaks of structure. The descending trendline has repeatedly acted as dynamic resistance, while the recent rejection from the 1.1600–1.1700 region accelerated selling pressure and pushed price toward the major demand zone. Market Structure and Trendline Analysis The overall structure remains bearish, with sellers maintaining control below the descending trendline. Previous support levels have been broken, confirming continued downside pressure. The current price action near the lower boundary of the chart suggests that the market is testing an important demand area where a potential reaction may develop. Major Demand and Liquidity Zone The 1.1110–1.1150 region is marked as a significant demand zone. Recent price action has approached this area after an extended decline, with liquidity around the recent lows potentially influencing the next move. A strong bullish reaction and a confirmed change of character could support a recovery, while a decisive breakdown below demand may expose further downside. Resistance and Potential Reversal Area The 1.1450–1.1460 region is an important resistance and potential reversal area. If price rebounds from demand and retraces toward this level, traders can monitor the reaction for signs of rejection or a bullish breakout. The 1.1600 area and the broader 1.1700 resistance zone remain additional levels to watch if bullish momentum strengthens. Key Technical Levels Major demand zone: 1.1110–1.1150 Current price area: Around 1.1230 Resistance and potential reversal area: 1.1450–1.1460 Intermediate resistance: Around 1.1600 Major supply zone: 1.1680–1.1710 Potential Scenarios Bearish scenario: If price breaks below the demand zone and confirms acceptance beneath recent lows, bearish continuation may develop. Bullish recovery scenario: If demand holds and price forms a confirmed bullish change of character, a corrective move toward 1.1450–1.1460 may become possible. Conclusion EURUSD remains bearish from a broader market-structure perspective, but price is now approaching a significant demand zone where a reaction could occur. The next move will depend on whether buyers defend this area or sellers establish a confirmed breakdown. Monitoring candle closes, liquidity behavior, and structural confirmation may help clarify the developing setup. This analysis is for educational purposes only and is not financial advice. All levels are approximate and based on the provided chart. Both scenarios remain conditional, and appropriate risk management is essentiaL