(07 November 2019)USD/JPY Target 108.40.

Pivot
 (invalidation): 108.90
Our preference
Short positions below 108.90 with targets at 108.55 & 108.40 in extension.
Alternative scenario
Above 108.90 look for further upside with 109.00 & 109.15 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)