Potential Bullish Reversal

TitlePotential Bullish ReversalTypeBullish bouncePreference:Price is falling towards the pivot point of 0.66138 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.66551 which is a pullback resistance level.Alternative scenario:If price breaks below the pivot point, it could hit the 1st support at 0.65927 which is a support level that aligns with a confluence of Fibonacci levels i.e. the 78.6% retracement and the 161.8% extension.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.