The pair traded within a range after the previous bullish leg gave way to a broader pullback at the start of the week. The H1 structure remains positive in the medium sense, but intraday trading is now driven by a corrective decline from the recent highs rather than trend continuation.
Current price: 1.34928
Pivot: 1.35060
Nearest support levels: S1: 1.34760, S2: 1.34480, S3: 1.34120
Nearest resistance levels: R1: 1.35240, R2: 1.35540, R3: 1.35860
Note:
Above Pivot: If the price returns above 1.35060, buyers may push the pair toward 1.35240 and 1.35540, with 1.35860 as the next broad upside target.
Below Pivot: If the pair remains below 1.35060, corrective pressure may deepen toward 1.34760 and 1.34480, with 1.34120 as the next bearish objective for the day.
