Type:
Bullish Bounce

Key Levels:
Resistance: 1.11086
Pivot: 1.10161
Support: 1.09717

Preferred Case:
On the H4, with price moving above the Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 1.11086 where the 161.8% Fibonacci extension is from our pivot of 1.10161 in line with the 50% Fibonacci retracement and horizontal pullback support.

Alternative Scenario:
Alternatively, price may break structure and head for the 50% Fibonacci retracement and horizontal overlap support in line with our 1st support at 1.09717.