(12 December 2019)USD/JPY Key resistance at 108.65.

Pivot
 (invalidation): 108.65
Our preference
Short positions below 108.65 with targets at 108.40 & 108.30 in extension.
Alternative scenario
Above 108.65 look for further upside with 108.85 & 109.00 as targets.
Comment
As Long as 108.65 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)