Title
USDCHF H4 | Bounce off 61.8% Fibo Projection
Type
Bullish Bounce
Preference:
USDCHF could bounce off the pivot at 0.85961, a pullback resistance, which also aligns with the 61.8% projection level, and rise to the 1st resistance level at 0.8708, the swing-high resistance level.
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منبع: https://www.tickmill.com/blog/usdchf-h4-bounce-off-61-8-fibo-projection-21st-december-2023
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Alternative scenario:
Price could break the pivot and 61.8% projection level at 0.85961 and fall to 1st support at 0.8565, the 78.6% projection level.
