USD/JPY Technical Analysis: Greenback bulls looking for a breakout above 112.55 resistance

• USD/JPY is consolidating after the recent 280-pip drop. 
• USD/JPY bulls will need to overcome the 200-period simple moving average or else a small pullback towards 112.00 can be on the cards. The RSI and MACD indicators are constructive however the Stochastic is already in overbought condition.
• A break above the 200 SMA and 112.55 should open the doors to 113.00 figure. 

USD/JPY 4-hour chart 

Spot rate:                         112.28
Relative change:              0.03%     
High:                                112.43
Low:                                 112.15

Main trend:               Bullish

Resistance 1:    112.55 September 27 low
Resistance 2:    113.00 figure
Resistance 3:    113.55 October 2 low
Resistance 4:    113.55 October 2 low
Resistance 5:    114.00 figure
Resistance 6:    114.80 November 2017 high
Resistance 7:    115.50 March 10, 2017 high 

Support 1:    112.00-112.17 zone, figure and August 1 swing high
Support 2:    111.84 August 29 swing high
Support 3:    111.00 figure