Bullish Bounce

Key Levels:
Resistance: 114.806
Pivot: 114.439
Support: 114.312

Preferred Case:
Prices are at a pivot. We see the potential for a bounce from our Pivot at 114.439 in line with 61.8% Fibonacci extension and 50% Fibonacci retracement towards our Take Profit at 114.806 in line with 23.6% Fibonacci retracement. RSI is at levels where bounces occurred previously.

Alternative Scenario:
Alternatively, prices may dip towards our 1st support at 114.312.