EURUSD H4 | Rising to Fibo level?

TitleEURUSD H4 | Rising to Fibo level?TypeBullish BouncePreference:The price could bounce off the pivot at 1.10293, the overlap support and rise to the 1st resistance at 1.10947, which is the 127.2% Fibonacci extension level.Alternative scenario:EURUSD could pullback from the overlap support at 1.10293, and the price could fall to the 1st support level at 1.09808, the overlap support.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.