(24 February 2020)USD/JPY Bullish bias above 111.40.

Pivot
 (invalidation): 111.40
Our preference
Long positions above 111.40 with targets at 111.75 & 112.00 in extension.
Alternative scenario
Below 111.40 look for further downside with 111.20 & 111.00 as targets.
Comment
A support base at 111.40 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)