The pair traded within a range after Friday’s sharp sell-off and is now trying to stabilize near the lower boundary of the recent H1 structure. EUR/USD remains under pressure after the breakdown, and although a modest rebound is developing, the market is still below the main intraday balance zone. This is the opening session of a risk-heavy week with U.S. CPI on Wednesday and the ECB decision on Thursday, so upside follow-through may remain limited unless the pair regains the Pivot area.
Current price: 1.15288
Pivot: 1.1536
Nearest support levels:
S1: 1.1515
S2: 1.1500
S3: 1.1480
Nearest resistance levels:
R1: 1.1548
R2: 1.1570
R3: 1.1595
Note:
Above Pivot: if EUR/USD returns above 1.1536 and holds there, the rebound may extend toward 1.1548. A stronger move above that level may open the way to 1.1570 and 1.1595 later in the day.
Below Pivot: while the pair remains below 1.1536, the bearish tone stays dominant. A break below 1.1515 may renew downside pressure and expose 1.1500 and 1.1480.
