EUR/USD remains under short-term corrective pressure after failing to hold near the previous highs. The pair is trading around 1.1416 and is trying to recover from the lower boundary of the recent range, but the rebound still looks limited while the price remains below the nearest resistance area.

Current price: 1.1416

Pivot: 1.1425

Support:

• S1: 1.1400
• S2: 1.1385
• S3: 1.1375

Resistance:

• R1: 1.1425
• R2: 1.1445
• R3: 1.1465

Note:

• Above the pivot, EUR/USD may continue recovering towards 1.1445 and 1.1465.
• Below the pivot, the pair remains vulnerable to another decline towards 1.1400 and 1.1385.

EUR USD