FX.co ★ berta.hill | EUR/USD

On the EURUSD pair, H1 timeframe. The pair is trading above the day's opening level of 1.1045 and above the daily Pivot level of 1.1000. Key indicators show bullish momentum and the price is above the 72-period Moving Average trend line, where volume usually decreases. Above the 1.1100 level, I expect the pair to rise to the 1.1107 level and possibly to 1.1145. Below the 1.1100 level, I expect the pair to decline to the 1.1075 level and possibly to 1.1025. EUR/USD is trading above the monthly Pivot level of 1.0719 (previous 1.0371), above the weekly Pivot level of 1.0805, and above the daily Pivot level, indicating a bullish sentiment on the pair. The key level for this session is 1.1100. The resistance level is 1.1107, with the first support level at 1.1075.