Title
AUDUSD H4 I Bearish reversal?

Type
Bearish Drop

Preference:
The price is currently at our pivot point of 0.6605, which serves as an overlap resistance level that closes to the 61.8% fibo retracement. 

A reverse from this point could lead the price to fall to the 1st support at 0.6529, an overlap support.

Alternative scenario:
However, if the price breaks above the pivot, it might rise to the 1st resistance at 0.6693, above a multi swing high resistance level.

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