USD/JPY Technical Analysis: More sideways to up above 110.50 level

• USD/JPY is finding some buying interest near 110.75 support. 
• USD/JPY is trying to resume the bull leg of the last days by finding support just above the 61.8% Fibonacci retracement level of the August 20-29 bull move. However, given the flat simple moving averages, it is likely that the market remains sideways in the coming sessions.
• A bear breakout below 110.50 would invalidate the bullish bias. 

USD/JPY 4-hour chart

Spot rate:                 110.85
Relative change:      -0.11%     
High:                        111.14
Low:                         110.68

Main trend:               Bullish 

Resistance 1:    111.00 figure
Resistance 2:    111.45 August 8 high
Resistance 3:    111.54-111.64 area, August 6, high and supply/demand level
Resistance 4:    112.00-112.15 zone, figure and August 1, swing high
Resistance 5:    112.40 supply level
Resistance 6:    113.18, 2018 high

Support 1:    110.75, July 23 low
Support 2:    110.00 figure
Support 3:    109.37 June 25 low