NZDUSD H4 | React off 78.6 %

TitleNZDUSD H4 | React off 78.6 %TypeBearish ReversalPreference: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 To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.