USD/JPY Technical Analysis: consolidates between key breakout points ahead of BoJ this week

• USD/JPY is in consolidation ahead of the BoJ and key events for the week ahead, including the FOMC statement and nonfarm payrolls. 
• USD/JPY is supported by the daily trendline support and resisted on the wide at the top of the cloud around 113.00 that guards the 200-week moving average at 113.29.
• The 200-D SMA comes in as a key support below the trendline. 

Spot rate:                 111.02
   
High:                        111.10
Low:                         110.88

Trend:                      Neutral

Resistance 1:          111.50/75
Resistance 2:          113.00 BB, guarding 200-week moving average at 113.29
Resistance 3:          114.73 November 2017 high

Resistance 4:          On the wide, 125.86 comes as the 2015 high

Support 1:               55 day moving average at 110.56.
Support 2:               200 day ma at 110.09.
Support 3:               109.20 (8th June low)