USD/JPY
Under pressure.
Pivot
(invalidation): 107.05
Our preference
Short positions below 107.05 with targets at 106.80 & 106.65 in extension.
Alternative scenario
Above 107.05 look for further upside with 107.15 & 107.30 as targets.
Comment
As Long as the resistance at 107.05 is not surpassed, the risk of the break below 106.80
remains high.
(By Swissquote TRADING CENTRAL)
