The pair traded under pressure after another rejection from the upper part of the recent range, with EUR/USD sliding toward the 1.1380–1.1390 support area. For the full-day outlook, the pair keeps a cautious bearish bias while it remains below the Pivot. Buyers need to return above 1.1400–1.1410 to reduce downside pressure.

Current price: 1.1394

Pivot: 1.1400

Nearest support levels:

• S1: 1.1380
• S2: 1.1365
• S3: 1.1350

Nearest resistance levels:

• R1: 1.1410
• R2: 1.1425
• R3: 1.1440

Note:

• Above Pivot: a return above 1.1400 may stabilize EUR/USD and support a recovery toward 1.1410, 1.1425 and 1.1440.
• Below Pivot: while the pair remains below 1.1400, sellers may keep pressure on 1.1380. A break lower may open the way to 1.1365 and 1.1350.

EUR, USD