Type: Bullish RiseKey Levels:Resistance: 31872Pivot: 30931Support: 30412Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending channel , we have a bullish bias that price will rise from the pivot at 30931 in line with the pullback support and 38.2% fibonacci retracement to the 1st resistance at 31872 where the swing high resistance and 78.6% fibonacci projection are.Alternative Scenario:Alternatively, price may break pivot and drop to the 1st support level at 30412 in line with the swing low support and 78.6% fibonacci retracement .Fundamentals:No Major News
Source: Tickmill