EURUSD H4 | Rising to resistance

TitleEURUSD H4 | Rising to resistanceTypeBullish BouncePreference:Currently, the price has bounced off the pivot point at 1.08307, a swing-low support. Price is on an uptrend and could rise to 1st resistance at 1.09298, an overlap resistance.Alternative scenario:It might reverse and breakout of pivot point, from there it could fall to 1st support at 1.07478, an overlap support that aligns with 161.8% Fibonacci extension.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.