(15 JUNE 2020)USD/JPY The downside prevails.

<p>Pivot</p>
<p>&nbsp;(invalidation): 107.55 Our preference</p>
<p>Short positions below 107.55 with targets at 106.85 &amp; 106.55 in extension.</p>
<p>Alternative scenario</p>
<p>Above 107.55 look for further upside with 107.85 &amp; 108.20 as targets.</p>

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