Title
EURUSD H4 I Bullish Bounce

Type
Bullish Bounce

Preference:
Price is falling toward the pivot point of 1.0864, a pullback support that aligns with the 161.8% Fibo extension. A bounce from this level could lead the price to rise to 1st resistance at 1.0902, a pullback resistance 

Alternative scenario:

 If price breaks below the pivot, it could fall to 1st support at 1.0821, a pullback support 

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.