(06 August 2020)USD/JPY Capped by a negative trend line.

Pivot
 (invalidation): 105.85
Our preference
Short positions below 105.85 with targets at 105.25 & 105.00 in extension.
Alternative scenario
Above 105.85 look for further upside with 106.20 & 106.45 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)