(07 October 2020)USD/JPY Bullish bias above 105.45.

Pivot
 (invalidation): 105.45
Our preference
Long positions above 105.45 with targets at 105.80 & 106.00 in extension.
Alternative scenario
Below 105.45 look for further downside with 105.25 & 105.05 as targets.
Comment
A support base at 105.45 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)