(28 FEBRUARY 2019)USD/JPY:The bias remains bullish.

Pivot (invalidation): 110.70

Our preference

Long positions above 110.70 with targets at 111.05 & 111.20 in extension.

Alternative scenario

Below 110.70 look for further downside with 110.50 & 110.30 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)