(25 November 2020)USD/JPY The bias remains bullish.

Pivot
 (invalidation): 104.35
Our preference
Long positions above 104.35 with targets at 104.60 & 104.75 in extension.
Alternative scenario
Below 104.35 look for further downside with 104.25 & 104.10 as targets.
Comment
A support base at 104.35 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)