EUR/USD continues to trade with a bullish intraday bias, holding above the key pivot level at 1.17400, which reflects sustained buying pressure and positive momentum in the pair. As long as trading remains above this level, the bullish outlook stays favored.
If the upward movement continues, the pair is expected to rise toward 1.17800 followed by 1.18000. However, if the market reverses and falls below 1.17400, a corrective decline may develop toward 1.17200 and then 1.16800. Overall, stability above 1.17400 supports further upside toward 1.18000 in the near term.
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