(04 December 2020)USD/JPY Watch 103.30.

<p>Pivot</p>
<p>&nbsp;(invalidation): 104.15 Our preference</p>
<p>Short positions below 104.15 with targets at 103.65 &amp; 103.30 in extension.</p>
<p>Alternative scenario</p>
<p>Above 104.15 look for further upside with 104.35 &amp; 104.55 as targets.</p>

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