TitleEURJPY H4 | Bearish reversal?TypeBearish DropPreference:Price is currently at our pivot point of 156.53 which serves as a pullback resistance level. A reversal from this point could lead the price to drop to the 1st support at 153.93, a swing-low support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 158.61, which serves as a pullback resistance 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.
