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.

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

Source: Tickmill

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EURJPY H4 | Bullish bounce off pullback support

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