EUR/USD remains in a broad intraday range after recovering from the recent dip toward the 1.1400 area. The pair has bounced back to the Pivot zone, which keeps the short-term picture neutral-to-bullish, but the structure is still not strong enough to confirm a fresh impulsive uptrend unless buyers regain the upper resistance band.

Current price: 1.1422

Pivot: 1.1420

Nearest support levels:

• S1: 1.1410
• S2: 1.1395
• S3: 1.1380

Nearest resistance levels:

• R1: 1.1435
• R2: 1.1450
• R3: 1.1470

Note:

• Above Pivot: while the pair holds above 1.1420, buyers may continue pressing higher toward 1.1435. A break there would open the way to 1.1450 and then 1.1470.
• Below Pivot: if the pair slips back below 1.1420, the recovery will weaken and pressure may return toward 1.1410, 1.1395 and 1.1380.
• Intraday view: the pair is trying to recover from the lower part of the range, so the first half of the day may remain constructive, but resistance near 1.1435–1.1450 is still important.

EUR, USD