Title
AUDUSD D1 | Bearish reversal

Type
Bearish Reversal

Preference:
Price is rising toward the pivot point of 0.6565, an overlap resistance. A reverse from this level could lead the price to fall to 1st support level at 0.6450, which is considered a pullback support level close to 78.6% Fibo retracement.

Alternative scenario:
If the price breaks above the pivot, it could rise to 1st resistance at 0.6694, a pullback resistance level

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