Title
NZDUSD H4 | React off 78.6 %

Type
Bearish Reversal

Preference:
Price is moving up towards our pivot point of 0.62347 which is an overlap resistance level that aligns with 78.6% Fibo retracement. A reverse from here, price could fall to 1st support level at 0.61725 which is pullback support level.

Alternative scenario:
However, if it breaks above the  pivot,  it could rally to 1st resistance at 0.62729 

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