Bearish reversal off pullback resistance?USD/JPY is rising towards the resistance level, which is a pullback resistance and could reverse from this level to our take profit.
Entry: 153.81
Why we like it:
There is a pullback resistance level.
Stop loss: 154.44
Why we like it:
There is a multi-swing high resistance level.
Take profit: 152.84
Why we like it:
There is a pullback support that is slightly below the 50% Fibonacci retracement.
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