Type: Bullish BounceKey Levels:Resistance: 35828Pivot: 35581Support: 35282Preferred Case:With price moving above the ichimoku cloud, we are biased that price will rise from pivot at 35581 in line with the 23.6% Fibonacci retracement and horizontal overlap support to 1st resistance at 36124 in line with horizontal swing high resistance. Do take note of the intermediate resistance at 35828 in line with the 50% Fibonacci retracement.Alternative Scenario:Alternatively, price may break pivot structure and head for 1st support at 35282 in line with the 38.2% Fibonacci retracement and horizontal overlap support.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/us30-h4-i-potential-bullish-bounce-14thdec"
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