(01 MAY 2019)USD/JPY:Further advance.

Pivot (invalidation): 111.25

Our preference

Long positions above 111.25 with targets at 111.70 & 111.90 in extension.

Alternative scenario

Below 111.25 look for further downside with 111.00 & 110.80 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)