USD/JPY Technical Analysis: Greenback bulls aligning in front of the 113.00 resistance

• USD/JPY is trading in a bull trend above the 200-period simple moving average.  
• USD/JPY bulls objective is to break above 113.00 resistance. Technical indicators remain in positive territories suggesting bullish continuation. However, the bulls will need to overcome the 100-perios simple moving average (SMA) to continue their move up.
• A break below 112.00 would likely invalidate the current bullish bias.  

USD/JPY 4-hour chart

Spot rate:                         112.78
Relative change:              0.21%      
High:                                112.90
Low:                                 112.34

Main trend:               Bullish

Resistance 1:    113.00 figure
Resistance 2:    113.55 October 2 low
Resistance 3:    113.55 October 2 low
Resistance 4:    114.00 figure
Resistance 5:    114.80 November 2017 high
Resistance 6:    115.50 March 10, 2017 high  

Support 1:    112.55 September 27 low
Support 2:    112.00-112.17 zone, figure and August 1 swing high
Support 3:    111.84 August 29 swing high
Support 4:    111.00 figure