Bearish Reversal

Key Levels:
Resistance: 129.606
Pivot: 128.986
Support: 128.168

Preferred Case:
On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that prices will drop to our 1st support at 128.168 where our horizontal swing low support is at from our pivot at 128.986 in line with horizontal overlap resistance and 61.8% Fibonacci retracement.

Alternative Scenario:
Alternatively, price may break pivot structure and head for the 1st resistance at 129.606 in line with the horizontal swing high resistance and 78.6% Fibonacci projection.