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USD/JPY Technical Analysis: Greenback bulls looking at the 112.05 resistance

USD/JPY daily chart

  • USD/JPY is trading in a bull trend above its main SMAs.


USD/JPY 4-hour chart

  • USD/JPY is consolidating the recent gains above the 100 and 200 SMAs.


USD/JPY 30-minute chart

  • USD/JPY is trading above its main SMAs suggesting bullish momentum in the short-term.
  • Bulls will need to break 111.90 to the upside to reach 112.05, 112.20 and 112.35 level.  

Additional key levels

 

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