Title
USDCHF H4 | Falling to support level?
Type
Bearish Reversal
Preference:
Price has just reacted off our pivot point of 0.91297, a swing-high resistance level. A reversal from this point could lead the price to drop to the 1st support at 0.90739, a pullback support level.
Alternative scenario:
However, if the price breaks above the pivot, it might rise to the 1st resistance at 0.91659, which is above swing swing-high resistance level
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Source: Tickmill