The EUR/USD pair remains in a broader intraday bullish structure, but the latest pullback from the recent highs shows that buyers are facing resistance near the upper boundary of the short-term range. The market is starting the day near an important balance area, so the reaction around the pivot will likely define whether the pair resumes the upward move or extends the correction deeper during the session.
Current price: 1.17584
Pivot: 1.1755
Nearest support levels: S1: 1.1740, S2: 1.1725, S3: 1.1708
Nearest resistance levels: R1: 1.1772, R2: 1.1788, R3: 1.1805
Note: If the pair holds above the pivot at 1.1755, buyers may regain control and push the price toward 1.1772 and 1.1788. A stronger bullish continuation would then expose 1.1805. If the price slips below 1.1755 and fails to recover quickly, the correction may deepen toward 1.1740 and 1.1725, while 1.1708 stands as the lower intraday target for the day.
