USDCHF H1 | Bullish Rise
Title
USDCHF H1 | Bullish Rise
Type
Bullish Rise
Preference:
price is currently at the pivot of 0.8579, an overlap support close to 50% Fibonacci retracement. A bounce from this level could lead the price to rise to 1st resistance at 0.8593, a pullback resistance level
Alternative Scenario:
If price breaks below the pivot, it could drop to 1st support at 0.8567, a pullback support level.