The pair traded within a range after the recent rally lost momentum and opened the week with a corrective pullback. Despite that, the broader H1 structure remains bullish, and the current move still looks like a retracement inside a larger upward trend rather than a completed reversal.
Current price: 0.71478
Pivot: 0.71520
Nearest support levels: S1: 0.71300, S2: 0.71120, S3: 0.70900
Nearest resistance levels: R1: 0.71700, R2: 0.71920, R3: 0.72150
Note:
Above Pivot: If the price regains 0.71520 and holds above it, buyers may resume the upward move toward 0.71700 and 0.71920, with 0.72150 as the next full-day upside target.
Below Pivot: If the pair remains below 0.71520, corrective pressure may continue toward 0.71300 and 0.71120, with 0.70900 as the next broader downside objective.
