(18 DECEMBER 2018)USD/JPY:Watch 112.00.

Pivot (invalidation): 112.85

Our preference

Short positions below 112.85 with targets at 112.35 & 112.00 in extension.

Alternative scenario

Above 112.85 look for further upside with 113.05 & 113.25 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL)