Title
USDJPY H4 | Falling to Support level?

Type
Bearish Reversal

Preference:

Price has just reacted off our pivot point of 149.51, which serves as a pullback resistance level. A reversal from this point could lead the price to drop to the 1st support at 148.89, a swing-low support level.

Alternative scenario:
However, if the price breaks above the pivot, it might rise to the 1st resistance at 149.98, which serves as a pullback resistance level   that aligns with 61.7% Fibo retracement

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