(24 JANUARY 2019)USD/JPY:109.10 expected.

Pivot (invalidation): 109.75

Our preference

Short positions below 109.75 with targets at 109.35 & 109.10 in extension.

Alternative scenario

Above 109.75 look for further upside with 110.00 & 110.25 as targets.

Comment

A break below 109.35 would trigger a drop towards 109.10

(By Swissquote TRADING CENTRAL)