(20 AUGUST 2019)USD/JPY The bias remains bullish.

Pivot
 (invalidation): 106.40
Our preference
Long positions above 106.40 with targets at 106.70 & 106.95 in extension.
Alternative scenario
Below 106.40 look for further downside with 106.15 & 105.95 as targets.
Comment
The break above 106.40 is a positive signal that has opened a path to 106.70.

(By Swissquote TRADING CENTRAL)