Title
USDCHF H4 | React off 61.8%

Type
Bearish Reversal

Preference:

Price is approaching our pivot point of 0.90558 which aligns with a 61.8% Fibonacci retracement. A reverse from here, price could fall to 1st support at 0.89899 which is a pullback support level

Alternative scenario:

However, if it breaks above the pivot, it could rally to 1st resistance at 0.91077 which is a swing high resistance

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