EURUSD Bullish SMC Setup: Demand Zone Holds, 1.1630 in SightEUR/USDOANDA:EURUSDIGT_TradersEURUSD (H1) – Bullish SMC Analysis 📈 EURUSD appears to be transitioning from a bearish phase into a bullish recovery after a significant sell-off. Price swept liquidity into the 1.1420–1.1440 demand zone and immediately attracted buyers, suggesting institutional accumulation. #Key SMC Observations ✅ Sell-Side Liquidity Sweep * The sharp move into the demand zone likely cleared stop losses below recent lows. * This liquidity grab was followed by a strong bullish reaction. ✅ Bullish Break of Structure (BOS) * Price has already printed a bullish BOS on the lower timeframe, indicating buyers are attempting to regain control. * The previous bearish momentum is weakening. ✅ Demand Zone Holding * The 1.1420–1.1440 demand zone remains the key institutional support area. * As long as price stays above this zone, bullish continuation remains favored. ✅ Bullish Trendline Respect * Price is forming higher lows from the demand zone and respecting the developing bullish trendline. * This suggests gradual accumulation and increasing buyer strength. #Important Zones 🟢 Demand Zone: 1.1420 – 1.1440 🔵 Entry Zone: 1.1460 – 1.1480 🔴 HTF Supply Zone: 1.1600 – 1.1630 ⚠️ Bearish FVG: Around 1.1570–1.1590 (potential resistance before HTF supply) # Bullish Scenario * A sustained break above 1.1480–1.1500 would strengthen the bullish outlook. * Buyers may target the unfilled liquidity and inefficiencies left above current price. #Targets 🎯 Target 1: 1.1525 🎯 Target 2: 1.1575 (near bearish FVG) 🎯 Target 3: 1.1600 – 1.1630 (HTF Supply Zone) # Invalidation ❌ A decisive H1 close below 1.1420 would invalidate the bullish setup and suggest sellers have regained control.