Bullish Bounce

Key Levels:
Resistance: 113.674
Pivot: 113.048
Support: 112.701

Preferred Case:

Prices are consolidating in a triangle. We see potential for a bounce from our Pivot at 113.048 in line with 23.6% and 38.2% Fibonacci retracement towards our 1st resistance at 113.674 in line with 100% Fibonacci extension and 38.2% Fibonacci retracement.

Alternative Scenario:

Alternatively, prices may dip towards our 1st support at 112.701 in line with 61.8% and 61.8% Fibonacci extension.