EURJPY H4 | Bullish bounce

Title
EURJPY H4 | Bullish bounce

Type
Bullish Bounce

Preference:
The price could bounce off the pivot at 157.695, an overlap support and rise to 1st resistance at 159.1, which is an overlap resistance.

Alternative scenario:
Price could also break through the pivot at 157.695 and reverse to the 1st support at 156.459, an overlap support level.

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Source: Tickmill

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EURJPY H4 | Bullish bounce

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