(27 November 2020)USD/JPY The downside prevails.
<p>Pivot</p>
<p> (invalidation): 104.25 Our preference</p>
<p>Short positions below 104.25 with targets at 103.70 & 103.50 in extension.</p>
<p>Alternative scenario</p>
<p>Above 104.25 look for further upside with 104.45 & 104.60 as targets.</p>
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