(09 APRIL 2019)USD/JPY:Watch 111.00.

Pivot (invalidation): 111.55

Our preference

Short positions below 111.55 with targets at 111.25 & 111.00 in extension.

Alternative scenario

Above 111.55 look for further upside with 111.75 & 111.85 as targets.

Comment

A break below 111.25 would trigger a drop towards 111.00

(By Swissquote TRADING CENTRAL)