(15 AUGUST 2018)USD/JPY:The bias remains bullish.

Pivot (invalidation): 111.10

Our preference

Long positions above 111.10 with targets at 111.65 & 111.85 in extension.

Alternative scenario

Below 111.10 look for further downside with 110.75 & 110.55 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)