Title
USDJPY H4 | Rising into resistance

Type
Bearish Reversal

Preference:
Price is rising towards the pivot point of 149.427 which is a pullback resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 148.162 which is a pullback support level.

Alternative scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 150.168 which is a swing-high resistance level.

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