Title
AUDUSD H4 | Potential reversal
Type
Bullish Bounce
Preference:
Price is approaching our pivot point of 0.66791 and potentially reverse from here, we could see momentum carry price up to its 1st resistance of 0.67605.
Alternative scenario:
If price breaks below the pivot point, it could hit the 1st support of 0.6623.
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Source: Tickmill