A clear Change of Character (CHOCH) has occurred, signaling a shift in momentum from bearish to bullish after a Swing Structure Shift (SSS). A well-defined demand zone between 0.9063 – 0.9288 is holding, which acts as the key support area. Entry is positioned around 0.9570, with a stop-loss at 0.9063, safely below the demand zone, and a take-profit target at 0.9844. This provides a risk-to-reward ratio of roughly 1:2, which is favorable for a long setup. RSI is neutral around 51.5, showing neither overbought nor oversold conditions, leaving room for price expansion. 📌 Conclusion: As long as price holds above 0.9288, the bullish scenario remains valid with upside potential toward 0.9844. A breakdown below 0.9063 would invalidate this setup and potentially trigger a new bearish leg.
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