(12 MARCH 2019)USD/JPY:Aim @ 111.80.

Pivot (invalidation): 111.15

Our preference

Long positions above 111.15 with targets at 111.65 & 111.80 in extension.

Alternative scenario

Below 111.15 look for further downside with 111.00 & 110.85 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)