FX.co ★ EUR/USD

On EURUSD H1 timeframe. The pair is trading near the day's opening level at 1.1740 and above the daily Pivot level at 1.1726. Key indicators show a bullish trend, and the price is above the 72-period moving average trend line, where volume unloading usually occurs. Above the level of 1.1740, I expect the pair to rise to the level of 1.1760 and possibly 1.1800. Below the level of 1.1740, I expect the pair to decline to the level of 1.1726 and possibly 1.1700. EUR/USD is trading above the monthly Pivot level at 1.1574 (previous 1.1611), above the weekly Pivot level at 1.1637 (previous 1.1570), and above the daily Pivot level, indicating a bullish sentiment for the pair. Session fork: day's opening level at 1.1740. Resistance at 1.1765, first support at 1.1730.