AUDUSD H4 | Potential bullish reversal

TitleAUDUSD H4 | Potential bullish reversalTypeBullish BouncePreference:Price is falling towards the pivot point of 0.65991 which is a pullback support that aligns close to the 127.2% Fibonacci projection level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.67142 which is an overlap resistance..Alternative scenario:If price breaks below the pivot point, it could hit the 1st support at 0.65442 which is a pullback support that aligns close to the 78.6% Fibonacci retracement 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.