Peter Smith
The EUR/USD pair has nearly completed its move toward a critical liquidity target, hitting the 90% mark and setting up what could be a pivotal moment for traders. The recent chart shows a clean sequence of Break of Structure (BOS) moves, a filled breakaway gap, and a final push into the liquidity zone around 1.1656.
What Happened
EURUSD followed a textbook bullish pattern, climbing steadily through multiple BOS points that confirmed the upward trend. A major breakaway gap that formed earlier got completely filled during this advance, which lined up with expectations from technical analysts watching the setup.
Behind this move sits improving eurozone sentiment, softer U.S. yields, and growing chatter about potential Fed policy shifts. These factors gave the euro enough fuel to climb toward the liquidity pool that's now been tapped.
The Technical Picture
Price action near 1.1655–1.1660 shows clear signs of a liquidity grab, with extended wicks revealing aggressive two-way activity. The earlier breakaway gap zone confirms that price respected structural efficiency before hitting the final target.
The rally from 1.1540 moved up with minimal pullbacks, highlighting the strength behind this trend and the precision of the liquidity-driven advance.
What's Next
With the liquidity objective now reached, EUR/USD sits at a decision point. The pair could consolidate below 1.1660, pull back into earlier imbalance zones, or keep pushing higher depending on what comes next from U.S. data and ECB officials. Traders should watch whether momentum holds or if the market takes a breather after this liquidity sweep.
Peter Smith
