The pair traded within a range before a powerful bullish breakout lifted the market to fresh local highs. Intraday sentiment remains strongly positive while the price holds above the pivot zone.

Current price: 1.17081

Pivot: 1.16925

Nearest support levels: S1: 1.16800, S2: 1.16620, S3: 1.16440

Nearest resistance levels: R1: 1.17130, R2: 1.17320, R3: 1.17500

Note:
Above Pivot: If the price holds above 1.16925, bullish momentum may extend toward 1.17130 and 1.17320, with 1.17500 as the next upside target.
Below Pivot: If the pair slips back below 1.16925, a pullback may develop toward 1.16800 and 1.16620, with 1.16440 as the next downside target.

EUR, USD