Title
Bullish Rebound

Type
Bullish Breakout

Preference:
Price is rising towards the pivot point of 99.77 and we could potentially see momentum carry price up to its 1st resistance at 100.64 which is a pullback resistance level.

Alternative scenario:
If price breaks below the pivot point, it could hit the 1st support at 99.17 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.

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