(23 October 2019)USD/JPY Towards 108.00.

Pivot
 (invalidation): 108.50
Our preference
Short positions below 108.50 with targets at 108.15 & 108.00 in extension.
Alternative scenario
Above 108.50 look for further upside with 108.60 & 108.70 as targets.
Comment
The RSI is bearish and calls for further downside. The pair keeps tracing the lower Bollinger
band calling for acceleration to the downside.

(By Swissquote TRADING CENTRAL)