Bullish Rise

Key Levels:
Resistance: 2058.7
Pivot: 1953.2
Support: 1919.9

Preferred Case:
On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 1953.2 where the pullback support, 23.6% fiboncci retracement and 78.6% fibonacci projection are to the 1st resistance at 2058.7 where the swing high resistance, 161.8% fibonacci extension and -61.8% fibonacci expansion are.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to 1st support at 1919.9 where the pullback support and 100% fibonacci projection are.

No Major News