USDJPY H4 | Falling to support level?
TitleUSDJPY H4 | Falling to support level?TypeBearish ReversalPreference:Price is nearing our pivot point of 142.225 which is a pullback resistance level that aligns with 61.8% Fibo retracement,. A reverse from here, price could fall to 1st support at 140.251 which is a pullback support level.Alternative scenario:However, if price breaks above the pivot, it could push up to 1st resistance at 143.866 which is a pullback support level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
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