Type: Bullish Bounce
Resistance: 1930.7
Pivot: 1908.3
Support: 1895.4
Preferred case: Price is moving nearer to the pivot level. We are expecting the price to potentially bounce off from our pivot level of 1908.3 in line with 78.6% Fibonacci projection and 78.6% Fibonacci retracement towards our 1st resistance level of 1930.7 which is in line with 23.6% Fibonacci retracement and 78.6% Fibonacci projection .

Alternative scenario: Otherwise, the price might break our pivot structure and trigger a dip to the 1st support level of 1895.4 in line with a horizontal swing low support.

Fundamentals: No major news.