The pair traded within a range after the broader bearish structure paused near the recent lows and produced a modest rebound. Even so, the dominant H1 trend remains weak, and the current recovery still looks corrective unless the market breaks into a higher resistance band.
Current price: 0.77878
Pivot: 0.77920
Nearest support levels: S1: 0.77740, S2: 0.77600, S3: 0.77420
Nearest resistance levels: R1: 0.78060, R2: 0.78240, R3: 0.78460
Note:
Above Pivot: If the price regains 0.77920 and holds above it, corrective recovery may extend toward 0.78060 and 0.78240, with 0.78460 as the next broader upside target for the day.
Below Pivot: If the pair remains below 0.77920, bearish pressure may continue toward 0.77740 and 0.77600, with 0.77420 as the next deeper downside objective.
