EURUSD H1 | Bouncing off 23.6%

TitleEURUSD H1 | Bouncing off 23.6%TypeBullish BouncePreference:The price is falling toward our pivot point of 1.05819, which serves as a pullback support level that aligns with the 23.6% Fibo retracement, A bounce from this point could lead the price to rise to the 1st resistance at 1.06193 a pullback resistance.Alternative scenario:However, if the price breaks below the pivot, it might decline to the 1st support at 1.05522 also a pullback support level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.