EURUSD M5 | Bullish bounce

EURUSD M5 | Bullish bounce

Bullish Bounce

Price is falling toward the pivot point at 1.0925 that aligns with the 161.8% Fibo extension. A bounce from this point, could lead the price to rise to 1st resistance at 1.0946

Alternative scenario:

If price breaks below the pivot, it might fall to 1st support level 1.0900

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