Type:Bullish BouncePreference:EURUSD is testing our Pivot at 1.15901 in line with 61.8% and 23.6% Fibonacci retracement. Price has the potential to climb higher towards our area of resistance at 1.16649 in line with 161.8% and 61.8% Fibonacci retracement which is a graphical overlap.Alternative Scenario:Alternatively, price have the potential to dip to our support at 1.15606 which is a graphical swing low.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/eurusd-is-at-a-pivot-potential-for-bounce-or-4-oct-2021"
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