![(12 February 2020)USD/JPY Bullish bias above 109.70. (12 February 2020)USD/JPY Bullish bias above 109.70.](https://c.mql5.com/6/853/splash-733534.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
94
Pivot
(invalidation):
109.70
Our preference
Long positions above 109.70 with targets at 109.95 & 110.05 in extension.
Alternative scenario
Below
109.70 look for further downside with 109.60 & 109.50 as targets.
Comment
A support base at 109.70 has formed and has allowed for
a temporary stabilisation
(By Swissquote TRADING CENTRAL)