(13 March 2020)USD/JPY Under pressure.

Pivot
 (invalidation): 105.65
Our preference
Short positions below 105.65 with targets at 104.50 & 104.05 in extension.
Alternative scenario
Above 105.65 look for further upside with 106.10 & 106.65 as targets.
Comment
As Long as the resistance at 105.65 is not surpassed, the risk of the break below 104.50
remains high.

(By Swissquote TRADING CENTRAL)