USD/JPY – watch out for daily closing

Resistance – 110.97, 111.87, 112.50

Support – 110.00, 108.76, 107.84

Scenario

Daily closing above 110.67
Bullish momentum strong, Bullish invalidation seen only below 110.00

Daily closing below 110.00
Bearish momentum strong, Bearish invalidation see only above 110.67