USDCHF H4 | Bullish Bounce
Title
USDCHF H4 | Bullish Bounce
Type
Bullish Bounce
Preference:
Price is falling toward the pivot of 0.8690, a pullback support. A bounce from this level could lead the price to rise to 1st resistance at 0.8793, a pullback resistance close to 78.6% Fibo retracement.
Alternative scenario:
If price breaks below the pivot, it could fall to 1st support at 0.8617, an overlap support.
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