EURUSD following a short-term bullish structure at H1 chart

The EURUSD is currently doing a pullback at the resistance level of 1.0733, which is above the 200 SMA.

At H1 chart we can see a bullish short term structure developing and looking to consolidate in this bias at short or medium term. Any pullback could go until only the daily pivot point level of 1.0651.

If EURUSD does a breakout of that level, it would be expected to fall until the 1.0602 zone. The MACD indicator is still at positive territory.

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