Title

USDCHF H4 | Bullish Bounce

Type

Bullish Bounce

Preference:

price is falling to the pivot of 0.8481, a pullback support close to 50% Fibo retracement. A reverse from this level could lead the price to rise  to 1stresistance at 0.8528, a pullback resistance

Alternative Scenario:

If price breaks below the pivot, it could fall to 1st support at 0.8453, a pullback support close to 78.6% FIbo retracement.