Bearish Reversal

Key Levels:
Resistance: 1.57894
Pivot: 1.57052
Support: 1.54814

Preferred Case:
On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from the pivot at 1.57052 in line with the pullback resistance to the 1st support at 1.54814 at the horizontal swing low and 78.6% fibonacci projection.

Alternative Scenario:
Alternatively, price may rise above the pivot to the 1st resistance at 1.57894 in line with the 38.2% fibonacci retracement and pullback resistance.