USD/JPY Technical Analysis: Greenback advances for the third day in a row against Yen

• USD/JPY is pushing  higher for the third day in a row. It has found resistance near the 110.62 supply level and is now in correction mode.  
• Support is seen initially near the 110.40 supply/demand level and then 110.21 June 22 high.  
• USD/JPY reached a trend line on the daily chart which can provide some resistance in the short-term and a deeper pullback.

USD/JPY 15-minute chart

Spot rate:                 110.51

Relative change:      0.23%      
High:                        110.66
Low:                         109.96

Trend:                       Bullish

Resistance 1: 110.62-75 supply level and June 21 high  
Resistance 2: 110.90 June 15 swing high
Resistance 3: 111.39 May 21 swing high

Support 1: 110.40 supply/demand level
Support 2: 110.21 June 22 high
Support 3: 109.90-110.00 area supply level and figure
Support 4: 109.55 June 19 low  
Support 5: 109.20 June 8 low  

USD/JPY daily chart