(13 JULY 2020)USD/JPY Under pressure.

Pivot
 (invalidation): 106.95
Our preference
Short positions below 106.95 with targets at 106.70 & 106.50 in extension.
Alternative scenario
Above 106.95 look for further upside with 107.10 & 107.25 as targets.
Comment
As Long as the resistance at 106.95 is not surpassed, the risk of the break below 106.70
remains high.

(By Swissquote TRADING CENTRAL)