(19 NOVEMBER 2018)USD/JPY:The downside prevails.

Pivot (invalidation): 113.15

Our preference

Short positions below 113.15 with targets at 112.25 & 112.00 in extension.

Alternative scenario

Above 113.15 look for further upside with 113.45 & 113.70 as targets.

Comment

The break below 113.15 is a negative signal that has opened a path to 112.25