(17 JUNE 2020)USD/JPY Turning down.

<p>Pivot</p>
<p>&nbsp;(invalidation): 107.40 Our preference</p>
<p>Short positions below 107.40 with targets at 107.00 &amp; 106.80 in extension.</p>
<p>Alternative scenario</p>
<p>Above 107.40 look for further upside with 107.55 &amp; 107.65 as targets.</p>

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