Saad Ullah
⬤ EUR/USD is showing fresh strength on the daily timeframe after bouncing sharply from a major demand zone. The pair completed a sell-side liquidity sweep near 1.15, then reversed higher and broke back above short-term structure. The chart shows a clear bullish reaction after price tapped into the demand range and started climbing toward 1.16.
⬤ The current move up follows a structural break paired with SMT divergence against the DXY—a signal that supports the trend shift. EUR/USD is now approaching a fair value gap between 1.160 and 1.163, the first key area to watch. If the pair keeps rebalancing inefficiencies, the next major target sits above 1.19, where buy-side liquidity is waiting.
⬤ Price action is respecting the reclaim above the swept sell-side liquidity, reinforcing the bullish setup. As long as EUR/USD holds support above the lower imbalance and maintains the reclaimed structure, the path toward higher liquidity zones stays open. The chart projects a potential continuation phase pointing to a broader momentum shift.
⬤ Liquidity sweeps and structure breaks like this often spark directional runs in major currency pairs. The reaction on the EUR/USD chart reflects changing pressure between the euro and the dollar—and if strength continues, it could shape short-term sentiment and volatility heading deeper into November.
Saad Ullah
