(21 JANUARY 2019)USD/JPY:The bias remains bullish.

Pivot (invalidation): 109.35

Our preference

Long positions above 109.35 with targets at 109.90 & 110.30 in extension.

Alternative scenario

Below 109.35 look for further downside with 109.10 & 108.90 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL)