EURUSD H4 } Potential bullish reversal?
TitleEURUSD H4 } Potential bullish reversal?TypeBullish BouncePreference:Price is currently at out pivot point of 1.09413 which is a pullback support level that aligns with 78.6% Fibo retracement. A bounce off from here, price could push up to 1st resistance at 1.10136 which is a pullback support level.Alternative scenario:However, if price breaks below the pivot, it could falling to 1st support at 1.08475 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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