Type: Bullish RiseKey Levels:Resistance: 28350Pivot: 27810Support: 27550Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 27810 at the overlap support to the 1st resistance at 28350 in line with the 127.2% fibonacci expansion and swing high.Alternative Scenario:Price may also reverse off the pivot and drop to the 1st support at 27550 in line with the 100% fibonacci projection and overlap swing low.Fundamentals:No major news.
Source: Tickmill