The pair traded within a range after the previous rally lost momentum and rolled into a broader pullback. Even though the medium H1 structure remains broadly positive, the daily picture is now centered on whether the market can stabilize above the recent recovery base and rebuild bullish momentum.
Current price: 1.35263
Pivot: 1.35280
Nearest support levels: S1: 1.35080, S2: 1.34840, S3: 1.34580
Nearest resistance levels: R1: 1.35480, R2: 1.35720, R3: 1.36000
Note:
Above Pivot: If the price regains 1.35280 and holds above it, buyers may push the pair toward 1.35480 and 1.35720, with 1.36000 as the next broad upside target.
Below Pivot: If the pair stays below 1.35280, corrective pressure may deepen toward 1.35080 and 1.34840, with 1.34580 as the next bearish objective for the day.
