EURUSD has returned to a key demand zone near 1.1328 – 1.1332 after correcting from the upper boundary of the ascending channel. Price is now testing an area that previously acted as support, while the broader short-term structure remains constructive.
The bullish scenario remains valid as long as buyers continue defending the highlighted entry zone. A successful reaction from support could allow price to revisit nearby resistance levels and continue within the prevailing channel structure.
🎯 Targets
🎯 Target 1: 1.1345
🎯 Target 2: 1.1358
🎯 Target 3: 1.1368
⚠️ Invalidation
A sustained break below the marked bearish level near 1.1310 would weaken the bullish outlook and invalidate the setup.
Analysis
✅ Retest of Demand Zone
✅ Bullish Channel Structure Intact
✅ Clear Risk Management Area
✅ Potential Continuation Toward Resistance
Note: This idea reflects personal technical analysis based on price action, support/resistance, and market structure. Educational purposes only. Not financial advice.