![(20 DECEMBER 2018)USD/JPY:Bullish bias above 112.30. (20 DECEMBER 2018)USD/JPY:Bullish bias above 112.30.](https://c.mql5.com/6/821/splash-723519.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 112.30
Our preference
Long positions above 112.30 with targets at 112.65 & 112.85 in extension.
Alternative scenario
Below 112.30 look for further downside with 112.10 & 112.00 as targets.
Comment
A support base at 112.30 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)