USD/JPY Technical Analysis: Another push to the upside is on the cards

USD/JPY daily chart

USD/JPY is consolidating just below the 111.50 resistance and the 200-day simple moving average (SMA).

USD/JPY 4-hour chart

USD/JPY is trading above its main SMAs suggesting a bullish bias in the medium-term.

USD/JPY 30-minute chart

USD/JPY is trading above its main SMAs suggesting a bullish bias in the short-term.
The key level the beat for bulls is 111.50 resistance. If surpassed the next resistance is seen at the 111.80 and the 112.00 figure.
Looking down, immediate support is at 111.20 and 110.80 level.

Additional key levels

Apr 3, 2019

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