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CHFJPY H4 | Potential bullish bounce?

CHFJPY H4 | Potential bullish bounce?

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TitleCHFJPY H4 | Potential bullish bounce?TypeBullish BouncePreference:Price is above the pivot point at 163.721, the pullback support, and could bounce off and rise to the 1st resistance level at 166.671, multi-swing high resistance.Alternative scenario:Price could break the pivot line at 163.721 and fall to 1st support level at 162.154, the swing-low 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.
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