Bullish Bounce

Key Levels:
Resistance: 1.11626
Pivot: 1.10526
Support: 1.09511

Preferred Case:
On the H4, with prices breaking above the ichimoku indicator and RSI moving along an ascending trendline, we have a bullish bias that price will drop and rise from our pivot at 1.10526 where the horizontal pullback support is to our 1st resistance at 1.11626 in line with the 100% fibonacci projection and swing high resistance.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st support at 1.09511 where the horizontal swing low support and 127.2% fibonacci extension are.