NZDUSD H4 | Bearish reversal?

TitleNZDUSD H4 | Bearish reversal?TypeBearish ReversalPreference:The price is rising toward our pivot point of 0.6190, which serves as a pullback resistance level aligning with the 61.8% Fibonacci. A reversal from this point could lead the price to drop to the 1st support at 0.6107, a pullback support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 0.6225, which is above the 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.