FX.co ★ kavon.collins | Game of Life: Visionary Insights into the Forex Market!

Hello traders! Technical analysis on the currency pair EURUSD. Today, the pair is trading above the weekly pivot at 1.17053 and above the daily pivot at 1.1735. On the H4 chart, the price is currently above the 200-period moving average (red) and the 50-period moving average (blue). The price is currently in a short zone, and despite any attempts to move upwards today, sellers will likely push it down. I am only considering a short scenario for this pair. I am waiting for a good pullback to the monthly pivot at 1.15740. We should reach this target by the end of the month, possibly even earlier.