Type: Bullish Bounce

Pivot: 109.813

Support: 109.681

Resistance: 110.013

Preferred Case: Price has recently bounced off our pivot at 109.813, 50% Fibonacci Extension and is likely to be rising towards our 1st resistance 110.012 at in-line with 127.2% Fibonacci extension. MACD is showing a continuation of trend as well.

Alternative Scenario: Alternatively, Price May Dip Towards Our 1st Support At 109.681.