USDCHF H4 | Bouncing off support level?

TitleUSDCHF H4 | Bouncing off support level?TypeBullish BouncePreference: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 resistanceAlternative 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 levelTo discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.