Title
USDJPY H4 | Bearish Breakout

Type
Bearish Drop

Preference:
Price is currently at the pivot point of 149.84, a multi-swing low support level. A breakout from this level could lead the price to fall to 1st support at 148.77, a pullback support level

Alternative scenario:
If the price bounces the pivot, it could rise to 1st resistance at 150.75, a multi-swing high resistance

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