Price is respecting the FVG zone (1.0528), signaling a bullish reversal. Watching closely for a surge toward 1.0620 and potentially 1.0645.
The EUR/USD chart shows a potential reversal setup forming around a Fair Value Gap (FVG) at the 1.0528 level. Price has retraced into this FVG, aligning with a high-probability demand zone.
The 1.0530 area, acting as a significant structural support, has shown strong rejections, indicating buying interest.
The FVG aligns with previous inefficiencies in the price, providing a magnet for liquidity before the market resumes its upward trend.
The initial target at 1.0620, where minor resistance could emerge.
A decisive break below 1.0520 would invalidate this setup, suggesting further downside potential.
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