(26 JULY 2018)USD/JPY:Aim @ 110.60.

Pivot (invalidation): 111.10

Our preference

Short positions below 111.10 with targets at 110.60 & 110.35 in extension.

Alternative scenario

Above 111.10 look for further upside with 111.50 & 111.90 as targets.

Comment

A break below 110.60 would trigger a drop towards 110.35.

(By Swissquote TRADING CENTRAL)