(16 December 2019)USD/JPY Bullish bias above 109.20.

Pivot
 (invalidation): 109.20
Our preference
Long positions above 109.20 with targets at 109.50 & 109.70 in extension.
Alternative scenario
Below 109.20 look for further downside with 109.00 & 108.80 as targets.
Comment
A support base at 109.20 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)