(03 January 2020)USD/JPY Towards 107.60.

Pivot
 (invalidation): 108.40
Our preference
Short positions below 108.40 with targets at 107.85 & 107.60 in extension.
Alternative scenario
Above 108.40 look for further upside with 108.60 & 108.85 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)