The pair traded within a range after the prior bullish sequence cooled into a controlled pullback. The broader H1 structure is still upward, but on the daily horizon the market is currently balancing between correction and continuation, making the pivot zone especially important.
Current price: 0.71614
Pivot: 0.71620
Nearest support levels: S1: 0.71480, S2: 0.71300, S3: 0.71120
Nearest resistance levels: R1: 0.71780, R2: 0.71980, R3: 0.72200
Note:
Above Pivot: If the price rises back above 0.71620 and holds there, buyers may target 0.71780 and 0.71980, with 0.72200 as the next broad upside target for the day.
Below Pivot: If the pair remains below 0.71620, corrective pressure may continue toward 0.71480 and 0.71300, with 0.71120 as the next downside objective.
