AUDUSD H4 I Bearish reversal?

TitleAUDUSD H4 I Bearish reversal?TypeBearish DropPreference: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.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.