(22 JULY 2020)USD/JPY 106.50 expected.
<p>Pivot</p>
<p> (invalidation): 106.90 Our preference</p>
<p>Short positions below 106.90 with targets at 106.65 & 106.50 in extension.</p>
<p>Alternative scenario</p>
<p>Above 106.90 look for further upside with 107.05 & 107.20 as targets.</p>
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