(01 JULY 2020)USD/JPY Turning down.

Pivot
 (invalidation): 107.95
Our preference
Short positions below 107.95 with targets at 107.50 & 107.30 in extension.
Alternative scenario
Above 107.95 look for further upside with 108.15 & 108.40 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)