Type: Bullish BounceKey Levels:Resistance: 0.9263Pivot: 0.91866Support: 0.91676Preferred Case:Prices are on bullish momentum and consolidating in a triangle. We see potential for a bounce from our Pivot at 0.91866 towards our Intermediate Resistance in line with 50% and 23.6% Fibonacci retracement and 1st resistance at 0.9263 which is an area of Fibonacci confluences.Alternative Scenario:Alternatively, prices may dip towards our 1st support at 0.91676 in line with 78.6% Fibonacci retracement.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/usdchf-h4-or-bullish-momentum"
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