Type: Bullish BounceKey Levels:Resistance: 34968Pivot: 33400Support: 32418Preferred Case:On the H4, with price bouncing off the stochastics indicator, we can expect bullish continuation from our pivot at 33400 in line with the horizontal swing low support towards our 1st resistance at 34968 which is in line with 61.8% Fibonacci retracement.Alternative Scenario:Alternatively, price may break pivot structure and head for 1st support at 32418, which coincides with the ascending trendline and 127.2% Fibonacci extension
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/usd30-h4-i-potential-rise23"
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