Title

USDCHF H4 I Bullish Reversal

Type

Bullish Reversal 

Preference:

The price is falling toward the pivot level of 0.8607, which acts as a pullback support. A reversal at this level could cause the price to rise to the 1st  resistance at 0.8690, a pullback resistance.

Alternative Scenario:

 If the price breaks below the pivot, it may drop to the 1st support level at 0.8556, a swing-low support level