(10 JUNE 2020)USD/JPY Capped by a negative trend line.

Pivot
 (invalidation): 108.00
Our preference
Short positions below 108.00 with targets at 107.40 & 107.05 in extension.
Alternative scenario
Above 108.00 look for further upside with 108.25 & 108.55 as targets.
Comment
As Long as the resistance at 108.00 is not surpassed, the risk of the break below 107.40
remains high.

(By Swissquote TRADING CENTRAL)