(24 August 2020)USD/JPY Key resistance at 105.90.

Pivot
 (invalidation): 105.90
Our preference
Short positions below 105.90 with targets at 105.65 & 105.55 in extension.
Alternative scenario
Above 105.90 look for further upside with 106.05 & 106.20 as targets.
Comment
The upward potential is likely to be limited by the resistance at 105.90.

(By Swissquote TRADING CENTRAL)