EURUSD H4 | Bullish bounce off 23.6% fibo?
TitleEURUSD H4 | Bullish bounce off 23.6% fibo?TypeBullish BouncePreference:Price could fall to our pivot point at 1.0885, which is a pullback support level, aligning with the 23.6% fibo retracement and 100% fibo projection. If price bounces off the pivot point, then price could rise towards the 1st resistance at 1.0960, which is a swing high resistance level.Alternative scenario: If price breaks below the pivot point, then price could fall to the 1st support at 1.0830, which is a swing low 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.
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