EURUSD H1 | Bullish Bounce
Title
EURUSD H1 | Bullish Bounce
Type
Bullish Bounce
Preference:
Price is falling toward the pivot of 1.1048, a pullback support close to 61.8% Fibo retracement. A bounce from this level could lead the price to rise to 1st resistance at 1.1099, an overlap resistance
Alternative scenario:
If price breaks below the pivot, it could fail to `st support at 1.1001, a pullback support close to 78.6% Fibo Retacement.
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