Title

USDJPY D1  I Bullish Reversal

Type

Bullish Reversal 

Preference:

The price is falling toward the pivot level of 147.03, which acts as a pullback support. A reversal at this level could cause the price to rise to the 1st  resistance at 152.93, a pullback resistance close to 61.8% Fibo retracement.

Alternative Scenario:

 If the price breaks below the pivot, it may drop to the 1st support level at 147.73, an overlap support level