(01 APRIL 2019)USD/JPY:Supported by a rising trend line.

Pivot (invalidation): 110.85

Our preference

Long positions above 110.85 with targets at 111.30 & 111.55 in extension.

Alternative scenario

Below 110.85 look for further downside with 110.55 & 110.25 as targets.

Comment

The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)