EUR/USD has extended its corrective rebound after recovering from the 1.1330 area, and the pair is now trading near the upper boundary of the recent recovery structure. The intraday bias remains moderately bullish while price holds above the Pivot zone.

Current price: 1.1409

Pivot: 1.1400

Nearest support levels:

• S1: 1.1390
• S2: 1.1375
• S3: 1.1360

Nearest resistance levels:

• R1: 1.1425
• R2: 1.1440
• R3: 1.1470

Note:

• Above Pivot: holding above 1.1400 may support further upside toward 1.1425, 1.1440 and 1.1470.
• Below Pivot: a return below 1.1400 may trigger a pullback toward 1.1390, 1.1375 and 1.1360.

EUR, USD