(19 December 2019)USD/JPY The bias remains bullish.

Pivot
 (invalidation): 109.45
Our preference
Long positions above 109.45 with targets at 109.70 & 109.85 in extension.
Alternative scenario
Below 109.45 look for further downside with 109.35 & 109.25 as targets.
Comment
The break above 109.45 is a positive signal that has opened a path to 109.70.

(By Swissquote TRADING CENTRAL)