Title
USDJPY H4 | React off resistance?
Type
Bearish Reversal
Preference:
Price has just reacted off pivot point of 144.14 which is an overlap resistance, A reverse from here, price could fall to 1st support at 142.908 which is an overlap support level
Alternative scenario:
However, if price breaks above the pivot, it could push up to 1st resistance at 145.091 which is a swing high resistance
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Source: Tickmill