Bullish Bounce

Key Levels:
Resistance: 1634'2
Pivot: 1611'0
Support: 1591'2

Preferred Case:
With price moving above our Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance from our pivot of 1611'0 in line with the 50% Fibonacci retracement and horizontal pullback support area.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st support in line with the swing low support.

No Major News