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
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Source: Tickmill