Title
AUDUSD H4 | Bounce off 1st support
Type
Bullish Bounce
Preference:
Price is falling to our pivot point of 0.65787 which is a swing low support level. A bounce from here. price could rally to 1st resistance at 0.66063 which is a pullback resistance level
Alternative scenario:
However, of price breaks below the pivot, it could fall to 1st support at 0.65543
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Source: Tickmill