USDJPY H1 | Bearish Drop
Title
USDJPY H1 | Bearish Drop
Type
bearish drop
Preference:
Price is currently at the pivot of 146.64. A drop from this level could lead the price to fall to 1st support at 145.57, a pullback support close to 50% Fibo retracement.
Price is currently at the pivot of 146.64. A drop from this level could lead the price to fall to 1st support at 145.57, a pullback support close to 50% Fibo retracement.
Alternative Scenario:
If price breaks above the pivot. it could rise to 1st resistance at 147.23, above the swing high resistance
If price breaks above the pivot. it could rise to 1st resistance at 147.23, above the swing high resistance
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