EURUSD H4 | Bounce off Support

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TitleEURUSD H4 | Bounce off SupportTypeBullish BouncePreference:Price is falling to our pivot point of 1.08363 which is swing low support level that aligns with a 50% Fibo retracement. A reverse from here, price could rally to 1st resistance at 1.09178 which is a swing high resistance level.Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1.07748 which is 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.

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