The pair traded within a range after the broader bearish structure paused near the recent lows and attempted a modest stabilization. Even so, the dominant H1 trend remains weak, and the latest rebound still looks corrective unless buyers can reclaim a higher resistance area.
Current price: 0.77950
Pivot: 0.77980
Nearest support levels: S1: 0.77820, S2: 0.77680, S3: 0.77480
Nearest resistance levels: R1: 0.78120, R2: 0.78300, R3: 0.78520
Note:
Above Pivot: If the price regains 0.77980 and holds above it, corrective recovery may extend toward 0.78120 and 0.78300, with 0.78520 as the next broader upside target for the day.
Below Pivot: If the pair remains below 0.77980, bearish pressure may continue toward 0.77820 and 0.77680, with 0.77480 as the next deeper downside objective.
