(04 March 2020)USD/JPY Rebound expected.

Pivot
 (invalidation): 106.80
Our preference
Long positions above 106.80 with targets at 107.65 & 108.15 in extension.
Alternative scenario
Below 106.80 look for further downside with 106.40 & 106.00 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)