
The pair traded within a range after extending the recent bullish advance, with price consolidating just below fresh local highs. Intraday sentiment remains positive while the market holds above the pivot zone.
Current price: 1.17589
Pivot: 1.17545
Nearest support levels: S1: 1.17420, S2: 1.17200, S3: 1.16980
Nearest resistance levels: R1: 1.17745, R2: 1.17920, R3: 1.18100
Note:
Above Pivot: If the price holds above 1.17545, bullish momentum may extend toward 1.17745 and 1.17920, with 1.18100 as the next upside target.
Below Pivot: If the pair slips back below 1.17545, a pullback may develop toward 1.17420 and 1.17200, with 1.16980 as the next downside target.
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