USDJPY H4 | Bullish bounce

USDJPY H4 | Bullish bounce

Bullish Bounce

The price has bounced off the pivot at 141.776, the 78.6% Fibonacci retracement level. It is rising to the 1st resistance at 144.541, the swing-high resistance.

Alternative scenario:
Price could pull back from the pivot at 141.776  and reverse to the 1st support at 140.965, the swing-low support.

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