(18 December 2020)USD/JPY Continuation of the rebound.

Pivot
 (invalidation): 103.10
Our preference
Long positions above 103.10 with targets at 103.70 & 103.90 in extension.
Alternative scenario
Below 103.10 look for further downside with 102.90 & 102.70 as targets.
Comment
The RSI is bullish and calls for further upsid

(By Swissquote TRADING CENTRAL)