Title
EURJPY H4 | Potential bullish bounce

Type
Bullish Bounce

Preference:
The price could reverse to pivot at 160.242, the pullback support, from there price could bounce off pivot and rise to 1st resistance at 161.761, the swing-high resistance.

Alternative scenario:
Price could potentially break out of the pivot and fall to 1st support at 158.963, the swing-low support.

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