The pair remains in a corrective recovery phase after the recent decline from the 1.1430–1.1435 area, but upside momentum is still limited as EUR/USD trades near the middle of the short-term range. For the full-day outlook, the pair stays neutral to slightly bearish while it remains below the Pivot zone.

Current price: 1.1387

Pivot: 1.1390

Nearest support levels:

• S1: 1.1375
• S2: 1.1360
• S3: 1.1335

Nearest resistance levels:

• R1: 1.1405
• R2: 1.1420
• R3: 1.1435

Note:

• Above Pivot: if EUR/USD rises above 1.1390, the pair may extend the recovery toward 1.1405, 1.1420 and 1.1435.
• Below Pivot: while the pair remains below 1.1390, downside pressure may persist with targets at 1.1375, 1.1360 and 1.1335.

EUR, USD