EURUSD | Demand Zone Reaction & Bullish Recovery Scenario

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EURUSD | Demand Zone Reaction & Bullish Recovery ScenarioEURO / U.S. DOLLARFX_IDC:EURUSDlimitlesszayraEURUSD is currently trading inside a major support area after a prolonged corrective move beneath a descending trendline. The recent decline has brought price back into a previously respected demand zone, where buyers have shown interest multiple times. From a market structure perspective, the bearish momentum appears to be slowing as price approaches a key reaction area near the range lows. The descending trendline remains the primary obstacle, but any confirmed break above this structure could signal a shift in short-term sentiment. 🔍 What I'm Watching ✅ Price trading at a significant demand zone (1.1188 - 1.1191) ✅ Repeated reactions from support suggest buyer interest ✅ Descending trendline resistance nearing a potential test ✅ Possibility of liquidity collection before a recovery move ✅ Higher-timeframe bullish trendline remains intact The ideal scenario is a sustained defense of the current support area followed by a gradual reclaim of nearby resistance levels. 🎯 Bullish Targets 🎯 Target 1: 1.1206 🎯 Target 2: 1.1228 🎯 Target 3: 1.1260 A break above the descending trendline would strengthen the bullish outlook, while failure to hold the demand zone could delay the recovery scenario. 📌 Educational market analysis only. This idea reflects a technical view of current market structure and is not financial advice.