Bullish Bounce

Key Levels:
Resistance: 1.37016
Pivot: 1.36069

Preferred Case:
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will drop and rise from our pivot at 1.36069 where the horizontal pullback support, 61.8% fibonacci projection and 38.2% fibonacci retracement to our 1st resistance at 1.37016 in line with the 78.6% fibonacci retracement and swing high resistance.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st support at 1.35508 where the horizontal pullback support, 50% fibonacci retracement and 78.6% fibonacci projection are.