EURUSD - Support Hold & Break of Structure – Long Setup Active

[nihalsari]

Price has been moving in a downward trend with a clean descending trendline respected across multiple sessions (Tokyo → London). However, the market has now reached a major support zone, where buyers previously stepped in aggressively.
Key Technical Highlights
Support Zone (Demand Area):
Price reacted strongly from the marked support region, signaling fresh buy orders entering the market.
Trendline Break:
The latest bullish impulse has broken the descending trendline, indicating a potential shift in short-term structure.
CHoCH + BOS Signals:
A clear CHoCH followed by bullish BOS confirms that buyers are gaining control after the prolonged downtrend.
Session Context (Tokyo):
During Tokyo, price created a consolidation range before breaking out impulsively—often a sign of liquidity being taken before a directional move.

Entry Zone
Price is expected to continue
Discount price level within the swing
Support continuation area
Bullish Target
The bullish target is positioned near 1.16300, where major liquidity and imbalance reside.

[Rimon Khan]

Structure break confirmed—EURUSD long bias looks clean.

[Rimon Khan]

As long as support holds, bullish momentum stays intact.