(07 February 2020)USD/JPY Bullish bias above 109.75.

Pivot
 (invalidation): 109.75
Our preference
Long positions above 109.75 with targets at 110.10 & 110.25 in extension.
Alternative scenario
Below 109.75 look for further downside with 109.55 & 109.30 as targets.
Comment
A support base at 109.75 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)