NZDUSD H4 | Bullish bounce off 50% fibo?

TitleNZDUSD H4 | Bullish bounce off 50% fibo?TypeBullish BouncePreference:Price could fall to our pivot point at 0.6013, which is a pullback support level, aligning with the 50% fibo retracement. If price bounce off the pivot point, price could rise towards the 1st resistance at 0.6066, 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 0.5991, which is slightly below the 61.8% fibo retracement.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.