The pair recovered after the recent decline and returned toward the upper part of the short-term range. EUR/USD is now trading near 1.1440, while buyers are trying to keep control after the rebound from the 1.1380 area. For the full-day outlook, the pair keeps a moderately bullish bias while it remains above the Pivot.

Current price: 1.1442

Pivot: 1.1430

Nearest support levels:

• S1: 1.1420
• S2: 1.1405
• S3: 1.1390

Nearest resistance levels:

• R1: 1.1455
• R2: 1.1470
• R3: 1.1485

Note:

• Above Pivot: holding above 1.1430 may support further recovery toward 1.1455, 1.1470 and 1.1485.
• Below Pivot: a return below 1.1430 may weaken the upward impulse and shift focus back to 1.1420, 1.1405 and 1.1390.

EUR, USD