(12 October 2020)USD/JPY The downside prevails.

Pivot
 (invalidation): 105.80
Our preference
Short positions below 105.80 with targets at 105.35 & 105.15 in extension.
Alternative scenario
Above 105.80 look for further upside with 105.95 & 106.10 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)