Title
USDCHF H4 | Bouncing off 61.8%?

Type
Bullish Bounce

Preference:
The price is falling toward our pivot point of 0.89824, which serves as a pullback support level that aligns with the 61.8% Fibo retracement. A bounce from this point could lead the price to rise to the 1st resistance at 0.90948

Alternative scenario:
However, if the price breaks below the pivot, it might decline to the 1st support at 0.89091, a multi-swing low support level

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