Bias Bullish Fundamental Analysis Both data have been bearish. However, CHF has a stronger bearish movement.
Price Action: Price is bullish. Price retrace back into H4 SR level and reject towards upside. Price formed a double bottom pattern too within the H1 TF.
Confluence: Higher TF (W/D/H4) - H4 SR level. Retracement to Fibo 61.8 level. Lower TF (H1/M30/M15) - Double bottom and broken H1 SR level (neckline)