(20 MARCH 2019)USD/JPY:Target 111.90.

Pivot (invalidation): 111.45

Our preference

Long positions above 111.45 with targets at 111.75 & 111.90 in extension.

Alternative scenario

Below 111.45 look for further downside with 111.30 & 111.15 as targets.

Comment

The RSI is bullish and calls for further advance

(By Swissquote TRADING CENTRAL)