FX.co ★ EUR/USD

On EURUSD H1 timeframe. The pair is trading near the day's opening level at 1.1780 and close to the daily Pivot level at 1.1786. 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 1.1786, I expect the pair to rise to the level of 1.1793 and possibly 1.1825. Below the level of 1.1786, I expect the pair to decline to the level of 1.1766 and possibly 1.1740. EUR/USD is trading above the monthly Pivot level at 1.1574 (previous 1.1611), above the weekly Pivot level at 1.1737 (previous 1.1704), and near the daily Pivot level, indicating a bullish sentiment for the pair. The daily Pivot level during the session is at 1.1786. The resistance level is at 1.1793, with the first support level at 1.1766.