USDCHF H4 | Potential resistance at 50% Fibo

TitleUSDCHF H4 | Potential resistance at 50% FiboTypeBearish ReversalPreference:Price could approach the pivot point at 0.90059 and potentially reverse to drop towards the 1st support at 0.89555.Alternative scenario:If price breaks above the pivot point, it could hit the 1st resistance at 0.9034. To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.