NZDJPY M15 I Potential bearish reversal

Title
NZDJPY M15 I Potential bearish reversal

Type
Bearish Drop

Preference:
Price has jsut reacted off the pivot point of 92.24, an overlap resistance that aligns with the 61.8% Fibo retracement. A reverse from this level could lead the price to fall to 1st support at 92.06, a pullback support level.

Alternative scenario:

If price breaks above the pivot, it could rise to 1st resistance at 92.38. above the swing high resistance

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Source: Tickmill

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NZDJPY M15 I Potential bearish reversal

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