(02 November 2020)USD/JPY The upside prevails.

Pivot
 (invalidation): 104.35
Our preference
Long positions above 104.35 with targets at 104.80 & 105.05 in extension.
Alternative scenario
Below 104.35 look for further downside with 104.15 & 104.00 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)