The euro traded lower against the USD after hitting 1.0472 levels. Recent movements reflect a rebound for the dollar amidst uneven results from the German elections. Analysts from OCBC note the critical resistance at the 100-day moving average, which caps potential gains for the euro. As the market adjusts to these developments, traders should be cautious and look for signals that may indicate a shift in this trend. EUR USD remains in a pivotal position.