EUR/USD Poised for Reversal from Key Demand Zone – Smart Money A
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📊 Market Outlook: Bullish Reversal from Demand Zone
EUR/USD is approaching a critical daily demand zone (highlighted in yellow), where we anticipate a potential trend reversal. The technical and fundamental data suggest that a buying opportunity is emerging.
🔹 Why Am I Bullish on EUR? ✅ Retail Traders Overloaded on Shorts – The retail crowd is excessively short, which often leads to short squeezes when smart money steps in. ✅ Non-Commercial Traders are Overly Short – CFTC data reveals that large speculative traders hold extreme short positions, signaling a potential contrarian move. ✅ Commercial Traders Accumulating Longs – The smart money (hedgers & institutions) are heavily long on EUR, suggesting value buying at these levels. ✅ Key Demand Zone in Play – Price is approaching a major liquidity pocket, historically acting as strong support and a reversal zone.
🔹 Technical Levels to Watch 📍 Support Zone: Yellow Area On Chart
📈 My Trade Bias: Waiting for confirmation signs in the demand zone. Looking for bullish structure shifts & momentum buyers stepping in.
🚀 What do you think? Will EUR/USD bounce from here or break lower? Comment below! 👇📩