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.

Flavio Tosti Independent Analyst

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:

USD/JPY

Overview:
    Last Price: 113.99
    Daily change: 47 pips
    Daily change: 0.414%
    Daily Open: 113.52
Trends:
    Daily SMA20: 112.61
    Daily SMA50: 112.47
    Daily SMA100: 111.79
    Daily SMA200: 109.99
Levels:
    Daily High: 113.83
    Daily Low: 112.94
    Weekly High: 113.4
    Weekly Low: 111.78
    Monthly High: 114.56
    Monthly Low: 111.38
    Daily Fibonacci 38.2%: 113.49
    Daily Fibonacci 61.8%: 113.28
    Daily Pivot Point S1: 113.04
    Daily Pivot Point S2: 112.55
    Daily Pivot Point S3: 112.15
    Daily Pivot Point R1: 113.92
    Daily Pivot Point R2: 114.32
    Daily Pivot Point R3: 114.81

Author

Flavio Tosti

Independent Analyst

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