(01 December 2020)USD/JPY Further advance.

<p>Pivot</p>
<p>&nbsp;(invalidation): 104.20 Our preference</p>
<p>Long positions above 104.20 with targets at 104.55 &amp; 104.75 in extension.</p>
<p>Alternative scenario</p>
<p>Below 104.20 look for further downside with 104.05 &amp; 103.80 as targets.</p>

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