Saad Ullah
⬤ EUR/USD is showing a meaningful turnaround on the daily chart after bouncing cleanly from a major sell-side liquidity zone. The pair has reclaimed important technical levels, setting up what could be a sustained rally if current support holds firm.
⬤ The chart shows EUR/USD swept through sell-side liquidity before moving into a discounted area with a fair value gap between 1.1500 and 1.1530. After filling that gap, price pushed higher and tested an order block just above, then came back to retest the imbalance zone around 1.1560-1.1580. The market respected both the FVG and order block, while also breaking above the descending trendline that capped recent price action.
⬤ With these zones now flipped to support, the setup points toward a potential move up to the next major target: buy-side liquidity near 1.1900-1.1920. Price is already showing stronger candles and stabilizing around the newly formed support base, which adds weight to the bullish case.
⬤ This matters because EUR/USD often reflects broader market sentiment and macro expectations. A bullish daily structure can shift capital flows, risk appetite, and rate expectations. The clean bounce from liquidity zones strengthens the technical argument for continuation and suggests momentum may be shifting in the FX market.
Saad Ullah
