The pair traded within a range after the broader bearish trend paused and the market attempted a rebound from recent lows. Even so, the dominant H1 structure remains weak, and the latest recovery still looks corrective unless buyers break back into a higher resistance zone.
Current price: 0.78261
Pivot: 0.78230
Nearest support levels: S1: 0.78080, S2: 0.77900, S3: 0.77700
Nearest resistance levels: R1: 0.78450, R2: 0.78650, R3: 0.78900
Note:
Above Pivot: If the price holds above 0.78230, corrective recovery may continue toward 0.78450 and 0.78650, with 0.78900 as the next broader upside target for the day.
Below Pivot: If the pair slips back below 0.78230, sellers may regain control toward 0.78080 and 0.77900, with 0.77700 as the next deeper bearish objective.
