
The pair traded within a range after the previous bullish breakout, with price consolidating just below the recent highs. Intraday sentiment remains constructive, although the market is now testing the pivot zone from below.
Current price: 1.16861
Pivot: 1.16890
Nearest support levels: S1: 1.16720, S2: 1.16540, S3: 1.16320
Nearest resistance levels: R1: 1.17020, R2: 1.17140, R3: 1.17270
Note:
Above Pivot: If the price returns above 1.16890 and holds there, bullish momentum may extend toward 1.17020 and 1.17140, with 1.17270 as the next upside target.
Below Pivot: If the pair remains below 1.16890, corrective pressure may deepen toward 1.16720 and 1.16540, with 1.16320 as the next downside target.
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