Title
USDJPY Day | Potential bearish reversal?
Type
Bearish Reversal
Preference:
Price has just reacted off our pivot point of 145.052 which is a swing high resistance level. A reverse from here, price could fall to 1st support at 143.529 which is a pullback support level.
Alternative scenario:
However, if price breaks above the pivot, it could push to 1st resistance at 146.015 which is a pullback resistance level
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Source: Tickmill