EUR/USD Reaches Critical Demand Zone — Reversal Ahead?

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EUR/USD Reaches Critical Demand Zone — Reversal Ahead?EUR/USDOANDA:EURUSDSmart_Trader756EUR/USD is currently testing a major daily support zone that has previously acted as a strong reaction area for buyers. After an extended decline, price has returned to this demand region, making it a key level to watch for a potential bullish reversal. The recent move into support may be a liquidity sweep designed to trap late sellers before a recovery. If buyers successfully defend this zone and momentum begins to shift, EUR/USD could start a move back toward the 1.1846 resistance level. Market participants should watch for bullish price action and confirmation signals before anticipating a larger upside move. Bullish Scenario: Support holds and price forms a higher low followed by bullish continuation. Target: 1.1846 Support Zone: 1.1490 – 1.1530 Invalidation: Strong daily close below the support area. This setup offers an attractive risk-to-reward opportunity if buying pressure returns from the current demand zone. This analysis is based on price action and support/resistance concepts and is not financial advice.