In this EUR/USD chart, the pair has been moving within a strong bullish trend after breaking through the previously formed Bearish FVG and shifting the internal market structure. Throughout its upward move, the presence of a 4H Bullish FVG has played a key role in supporting price, with buyers stepping in each time the market tapped into this zone. The ascending trendline reinforces the bullish momentum, showing that buyers have maintained overall control while multiple MSS signals have confirmed the continuation of the uptrend.
However, price has now reacted to a strong supply zone at the higher levels, causing a natural corrective move to the downside. This pullback has currently reached the 4H Bullish FVG, which serves as an important support area. If price holds this zone and begins to rotate upward again, we may see another attempt to reach and potentially break previous highs. On the other hand, if the market loses this support and breaks below the ascending trendline, a deeper corrective phase could unfold. Overall, EUR/USD is currently positioned between a strong supply area above and a solid demand zone below, and traders should wait for price action around the bullish FVG to determine the next directional move.
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