EURAUD H1: Liquidity Sweep and Bullish Demand ReclaimEUR/AUDOANDA:EURAUDenwemadufranklyn1989EURAUD is reacting from a clearly defined H1 demand zone between 1.64340 and 1.64460. Before the bullish reaction, price formed several internal lows above the zone, creating inducement and attracting premature buyers while placing protective stops beneath the structure. Price subsequently moved below the demand area, sweeping sell-side liquidity and triggering stop-loss orders. However, the bearish move was rejected quickly, and price reclaimed the zone. This suggests the breakdown was primarily a liquidity grab rather than confirmed bearish continuation. The sharp recovery from the low shows that buyers are currently defending the demand zone. Nevertheless, price remains below nearby internal swing highs, meaning the bullish reversal is not fully confirmed until the market produces a clear break of structure above the recent lower-high sequence. =>Technical Outlook The short-term bias remains bullish while price holds above 1.64340. A controlled retracement into the 1.64460–1.64500 mitigation area, followed by bullish rejection or a lower-timeframe structure shift, could provide a continuation opportunity. The primary upside objectives are: 1.64700–1.64800: Internal liquidity and recent swing highs 1.64900–1.65000: Main external liquidity and upper range resistance 1.65100: Extended bullish objective if momentum strengthens =>Invalidation A decisive H1 candle close below 1.64340 would invalidate the bullish thesis. This would indicate that the demand zone has failed and could expose lower liquidity levels.