FX.co ★ berta.hill | EUR/USD

Regarding the pair EUR/USD. The pair is trading below the day's opening level of 1.0715 and below the daily Pivot level of 1.0713. 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 1.0713, the price will continue to move north towards the levels of 1.0745 and possibly 1.0755. If the price drops below the level of 1.0700, then I expect the pair to decline towards the levels of 1.0689 and possibly 1.0675. EUR/USD is trading below the monthly Pivot level of 1.0844 (1.0798), above the weekly Pivot level of 1.0689, and below the daily Pivot level of 1.0713, indicating a corrective sentiment for the pair. Above the weekly Pivot level of 1.0689, the pair started a correction, below the weekly Pivot level of 1.0689, the price will realign south again. The end of the month is pulling the price towards the monthly Pivot level of 1.0844 (1.0798).