(04 December 2019)USD/JPY Capped by a negative trend line.

Pivot
 (invalidation): 108.70
Our preference
Short positions below 108.70 with targets at 108.45 & 108.20 in extension.
Alternative scenario
Above 108.70 look for further upside with 108.85 & 109.05 as targets.
Comment
A break below 108.45 would trigger a drop towards 108.20.