Title
EURJPY H4 | Bearish drop

Type
Bearish Drop

Preference:
The price is trading at pivot at 161.839, the swing-high resistance. Price could reverse from the pivot and fall to the 1st support at 160.166, the overlap support.

Alternative scenario:
Alternatively, price could break out of the pivot and rise to the 1st resistance at 162.822, the overlap resistance.

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