USDCHF, H4 approaching our Pivot, potential for a rise.

Description
Price is approaching our Pivot point at 0.91978, which is in line with 61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap. We could potentially see price rise from our Pivot point towards our 1st resistance level at 0.91546, in line with 78.6% fibonacci retracement and 127% fibonacci extension. It is worth noting that price has broken above our descending trendline, in line with our bullish analysis.

Pivot: 0.91978
Why we like it:
61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap

1st Support: 0.91256
Why we like it:
78.6% fibonacci retracement and 127% fibonacci extension

1st Resistance: 0.91546
Why we like it:
78.6% fibonacci retracement and 127% fibonacci extension
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