EURJPY H4 | Bullish bounce off pullback support

Title
EURJPY H4 | Bullish bounce off pullback support

Type
Bullish Bounce

Preference:

Price could approach the pivot point at 156.769 and potentially reverse from here; we could see momentum carry price up to its 1st resistance at 158.47.

Alternative scenario:
If price breaks below the pivot point, it could hit the 1st support at 155.171.

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Source: Tickmill

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EURJPY H4 | Bullish bounce off pullback support

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