
The pair traded within a range after the previous bullish advance, with price consolidating below the recent highs. Intraday sentiment remains constructive, although the market is now hovering near the pivot zone.
Current price: 1.16870
Pivot: 1.16890
Nearest support levels: S1: 1.16720, S2: 1.16560, S3: 1.16380
Nearest resistance levels: R1: 1.17040, R2: 1.17220, R3: 1.17400
Note:
Above Pivot: If the price returns above 1.16890 and holds there, bullish momentum may extend toward 1.17040 and 1.17220, with 1.17400 as the next upside target.
Below Pivot: If the pair remains below 1.16890, corrective pressure may deepen toward 1.16720 and 1.16560, with 1.16380 as the next downside target.
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