EURUSD MARKET ANALYSIS

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EURUSD MARKET ANALYSIS Euro vs. US DollarFX:EURUSDRohan_analystEURUSD is currently showing signs of a short-term recovery attempt after the recent bearish move. Price has reacted from the lower demand/support zone around 1.1520, where buyers have started to defend the area and slow the downside pressure. The current structure remains under pressure, but a successful reaction from support could allow EURUSD to form a short-term higher low and begin a recovery toward the nearby resistance zones. 📈 BULLISH SCENARIO — RECOVERY & CONTINUATION If price continues to hold above 1.1520–1.1530 and buyers regain momentum, a break above 1.1560 could strengthen the recovery and open the way toward: TP1: 1.1580 TP2: 1.1600 TP3: 1.1620–1.1640 A clean breakout and sustained hold above 1.1600 would provide stronger confirmation for a move toward the 1.1620–1.1640 supply/resistance area. KEY SUPPORT / INVALIDATION The 1.1520–1.1530 demand zone is the key support area to watch. If price loses this zone and sellers regain control, the bullish recovery scenario could weaken, with the market potentially continuing its bearish structure. MARKET VIEW EURUSD remains in a broader bearish structure, but the strong reaction from the demand zone gives the pair a short-term recovery bias. The main levels to watch are 1.1520–1.1530 support, followed by 1.1560, 1.1580 and 1.1600 resistance. your support means a lot! If you found this analysis useful, leave a Like and tell me your thoughts in the comments. Best of luck with your trading journey! 🚀