(27 March 2020)USD/JPY Watch 107.90.

Pivot
 (invalidation): 109.00
Our preference
Short positions below 109.00 with targets at 108.15 & 107.90 in extension.
Alternative scenario
Above 109.00 look for further upside with 109.35 & 109.70 as targets.
Comment
A break below 108.15 would trigger a drop towards 107.90.

(By Swissquote TRADING CENTRAL)