A Strong Buying Opportunity on the EUR/USD Pair

The EUR/USD pair has begun to reverse direction.

The pair has reached demand zones on the daily timeframe.

It has also reached confluence zones on the 4-hour timeframe.

The pair has broken the downtrend line shown on the chart.

It has also established new, strong buying demand zones on the same timeframe.

Expected Targets

If the pair tests the new demand zones shown on the chart, 

which are located at the 1.15360 level,

then an upward move to targets of 1.1570 and 1.1620 is expected.

The stop-loss should be placed on a candle closing below the specified demand zones.