AUDUSD D1 | Bullish bounce

TitleAUDUSD D1 | Bullish bounceTypeBullish BouncePreference:Price has reversed above the pivot point of 0.65745 which is an overlap support that aligns with the 100% Fibonacci projection level; we could see momentum carry price up to its 1st resistance at 0.68913 which is an overlap resistance.Alternative scenario:If price breaks below the pivot point, it could hit the 1st support at 0.6498 which is an overlap support.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.