Title
USDCHF H4 | Bouncing off support level?

Type
Bullish Bounce

Preference:
Price has just bounced off  our pivot point of 0.8981, which serves as an overlap support level.  A reversal from this point could lead the price rise to the 1st resistance at 10.9029, a multi-swing high resistance

Alternative scenario:
However, if the price breaks below the pivot, it might fall to the 1st support at 0.8934, which serves as an overlap support level

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