EUR/USD Market Outlook – Bullish Projection from 1.14586 Demand The EUR/USD pair is expected to pulled back into a major demand zone around 1.14586, which aligns with a previously respected accumulation area on the chart. This zone has consistently acted as a reaction point, and current price behavior shows buyers stepping back in after a corrective move to the downside.
From this 1.14586 zone, I expect EUR/USD to continue pushing higher toward the major liquidity pool and previous swing high located around 1.1917 – 1.1918. This level represents a key supply zone that price left unmitigated during the last impulse, making it a logical target for bullish continuation.
The red line below price marks your stop loss, positioned beneath the deeper demand block around 1.1391 – 1.1392. This is an appropriate structural invalidation point: if price breaks below that zone, bullish momentum would be negated, and the upward projection would no longer be valid.
Summary of the Setup:
• Entry Bias: Bullish from the 1.14586 demand zone
• Stop Loss: Below 1.1391–1.1392 red line (structural invalidation)
• Primary Target: 1.1917–1.1918 previous high/supply zone
• Outlook: Expecting a continuation toward the high as long as price remains above the demand zone
This structure provides a clear risk-to-reward framework and aligns with the zones highlighted on my FOREXCOM:EURUSD chart.
