(17 November 2020)USD/JPY Under pressure.

Pivot
 (invalidation): 104.70
Our preference
Short positions below 104.70 with targets at 104.35 & 104.15 in extension.
Alternative scenario
Above 104.70 look for further upside with 104.90 & 105.15 as targets.
Comment
As Long as the resistance at 104.70 is not surpassed, the risk of the break below 104.35
remains high.

(By Swissquote TRADING CENTRAL)