USDCHF H4 | Bullish Reversal
Title
USDCHF H4 | Bullish Reversal
Type
Bullish Reversal
Preference:
price is falling to the pivot of 0.8446, a pullback support close to 61.8% Fibo retracement. A reverse from this level could lead the price to rise to 1stresistance at 0.8484, an overlap resistance close to 50% Fibonacci Retracement.
Alternative Scenario:
If price breaks below the pivot, it could fall to 1st support at 0.8430, a swing low support