USDJPY, H4 | Potential for Pullback
Preference: Prices are on bearish momentum. We see potential for a dip from our Pivot at 113.673 in line with 23.6% Fibonacci retracement towards our 1st support at 113.02 which is a graphical swing low and close to our area of Fibonacci confluences. Alternative Scenario: Alternatively, prices may climb towards our 1st resistance at 114.196 …