EUR/USD Bearish Retracement Toward Demand Zone

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EUR/USD Bearish Retracement Toward Demand ZoneEuro vs. US DollarFX:EURUSDSMART_MONEY_CIRCLE EUR/USD is showing signs of a short-term bearish correction after failing to maintain momentum near the **1.1610–1.1620 resistance area**. Following a strong bullish breakout and sustained trading above the Ichimoku Cloud, price has begun to weaken and is now testing nearby support levels. The highlighted demand zone around **1.1555–1.1560** represents a key area where buyers may step back into the market. As long as price remains below recent highs, a deeper pullback toward this support region remains likely. A successful reaction from the zone could revive the broader uptrend, while a breakdown would signal increased bearish pressure. 🎯 **Target:** **1.1560** 📉 **Bias:** Short-Term Bearish Retracement 🔑 **Key Resistance:** 1.1610 – 1.1620 🛡️ **Key Support:** 1.1555 – 1.1560 Demand Zone