Title
USDJPY H4 | Bullish reversal from 38.2% Fibo

Type
Bullish Bounce

Preference:
Price is falling towards the pivot point of 141.324 and could potentially reverse from here; we could see momentum carry price up to its 1st resistance of 142.285.

Alternative scenario:
If price breaks below the pivot point, it could hit the 1st support of 140.792.

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