(18 JUNE 2020)USD/JPY Under pressure.

<p>Pivot</p>
<p>&nbsp;(invalidation): 107.05 Our preference</p>
<p>Short positions below 107.05 with targets at 106.70 &amp; 106.50 in extension.</p>
<p>Alternative scenario</p>
<p>Above 107.05 look for further upside with 107.20 &amp; 107.30 as targets.</p>

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