FX.co ★ EUR/USD

On EURUSD H1 timeframe. The pair is trading above the day's opening level of 1.1455 and above the daily Pivot level of 1.1574. The main indicators show a neutral stance, and the price is near the MA72 trend line, where volume unloading usually occurs. Above the level of 1.1509, I expect the pair to rise to the level of 1.1515 and possibly 1.1540 and higher. Below the level of 1.1509, I expect the pair to decline to the level of 1.1485 and possibly 1.1474 and lower. EUR/USD is trading below the monthly Pivot level of 1.1827 (previous 1.1836), below the weekly Pivot level of 1.1543 (previous 1.1532), and above the daily Pivot level, indicating a corrective sentiment for the pair. The current session's fork level is 1.1509. The first resistance level is 1.1515, and the first support level is 1.1485.