Type:
Bullish Rise

Key Levels:
Resistance: 1.05075
Pivot: 1.04215
Support: 1.03405

Preferred Case:
On the H4, with the price moving within the ascending trendline and pullback from the trendline, we have a bullish bias that the price may rise form the pivot at 1.04215, where the 23.6% fibonacci retracement and overlap resistance are to the 1st resistance at 1.05075, where the swing high and 50% fibonacci retracement are.

Alternative Scenario:
Alternatively, price could drop to the support at 1.03405, where the swing low is.

Fundamentals:
No key news