USD/JPY Technical Analysis: Greenback boosted – Hits 114.00 figure post-FOMC

• USD/JPY is trading in a bull trend above the 200-period simple on the 4-hour chart  
• USD/JPY hit the 114.00 figure following the FOMC statement. Technical indicators are in positive territories suggesting continued bullish momentum in the coming sessions on a break above the level.  
• The next targets to the upside are likely seen near 114.57 (October high) and 115.00 figure.  

USD/JPY 4-hour chart

Main trend:               Bullish

Resistance 1:    114.00 figure
Resistance 2:    114.57 October high
Resistance 3:    115.00 figure

Support 1:    113.55 October 2 low
Support 2:    113.00 figure
Support 3:    112.55 September 27 low
Support 4:    112.00-112.17 zone, figure and August 1 swing high
Support 5:    111.00 figure
Support 6:    110.35 September Low
Support 7:    109.75 August low

 
Additional key levels at a glance: