EURUSD Strong Reversal at Major Demand Zone - Weekly/Daily Struc

Wait 5 sec.

EURUSD Strong Reversal at Major Demand Zone - Weekly/Daily StrucEuro / U.S. DollarFOREXCOM:EURUSDBuddyKing1EURUSD Technical Breakdown (Daily Timeframe) After a strong impulsive move lower, price has perfectly respected a key higher-timeframe demand zone (~1.137 - 1.140), this area aligns with a previous Order Block and liquidity grab on the Weekly/Daily charts. The gray demand zone represents institutional buying interest (unmitigated Order Block from prior structure). We saw a clear rejection candle with increased volume and momentum shift — classic sign of absorption at support. Higher-timeframe structure (Weekly) shows potential BOS building after the low. Daily confirms the reaction. Broader macro: USD weakness + risk-on sentiment supporting EUR recovery. No major news catalysts immediately threatening this zone. Bullish Bias Confirmed Current price ~1.143 is holding above the demand zone with a nice green arrow reaction. Trading Plan: Long Bias: Look for continuation above 1.144-1.145 (break of recent small resistance). Stop Loss: Below demand zone (~1.137) for safety. Target 1: 1.148 - 1.150 (previous swing high / liquidity pool) — quick 50-70 pip move. Target 2: 1.155 - 1.160 (next major supply area and round number). Risk-Reward: Minimum 1:3, scalable to 1:5+ on full move. Invalidation: Decisive close below 1.137 would shift bias bearish and target lower liquidity (~1.130). This setup fits the classic higher-timeframe Order Block + BOS reaction pattern. Expect volatility but strong bullish control as long as demand holds. Do you see this as continuation to new highs or just a relief rally? What's your target?