(23 December 2020)USD/JPY Under pressure.

 
Pivot
 (invalidation): 103.70
Our preference
Short positions below 103.70 with targets at 103.35 & 103.20 in extension.
Alternative scenario
Above 103.70 look for further upside with 103.90 & 104.05 as targets.
Comment
The RSI shows downside momentu

(By Swissquote TRADING CENTRAL)