(03 JUNE 2020)USD/JPY Key resistance at 108.80.

Pivot
 (invalidation): 108.80
Our preference
Short positions below 108.80 with targets at 108.35 & 108.15 in extension.
Alternative scenario
Above 108.80 look for further upside with 109.00 & 109.30 as targets.
Comment
As Long as the resistance at 108.80 is not surpassed, the risk of the break below 108.35
remains high.

(By Swissquote TRADING CENTRAL)