The EUR/USD pair traded within a corrective pullback after recovering from last week's lows. The decline from the recent local top has slowed, and the pair is still holding above the restored intraday base, which keeps the short-term bias moderately bullish for the full trading day. A stable move above the pivot zone would allow buyers to retest the recent highs, while a drop below it would shift the market back into a deeper correction.
Current price: 1.16355
Pivot: 1.16340
Nearest support levels: S1 1.16270, S2 1.16180, S3 1.16060
Nearest resistance levels: R1 1.16430, R2 1.16520, R3 1.16640
Note: Above 1.16340, the pair may continue its rebound toward 1.16430 and 1.16520, with 1.16640 as the upper intraday target if bullish momentum strengthens. Below 1.16340, the correction may deepen toward 1.16270 and 1.16180; a break lower would expose 1.16060.
