
The pair traded within a range after the prior bullish breakout lost momentum, with price stabilizing below the recent highs. Intraday sentiment remains constructive, although the market is now consolidating around the pivot zone.
Current price: 1.16603
Pivot: 1.16670
Nearest support levels: S1: 1.16480, S2: 1.16320, S3: 1.16160
Nearest resistance levels: R1: 1.16745, R2: 1.16915, R3: 1.17085
Note:
Above Pivot: If the price returns above 1.16670 and holds there, bullish momentum may extend toward 1.16745 and 1.16915, with 1.17085 as the next upside target.
Below Pivot: If the pair remains below 1.16670, corrective pressure may deepen toward 1.16480 and 1.16320, with 1.16160 as the next downside target.
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