EURUSD H4 | Bounce off Support level?
TitleEURUSD H4 | Bounce off Support level?TypeBullish BouncePreference:Price is currently at our pivot of 1.09792 which is an overlap support that aligns with 61.8% Fibo retracement, A bounce off from here, price could push to 1st resistance at 1.10342 which is an overlap resistance level.Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1.09175 which is a pullback support level that aligns with 61.8% Fibo projectionTo 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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