USD/JPY Technical Analysis: USD/JPY finding some support near 110.90 level

• USD/JPY tested the 110.16 level in the European session but found resistance. USD/JPY fell to 110.90 support and is currently trying to stabilize here. USD/JPY is also testing the 50-daily simple moving average at 110.89. 
• Bears objective is to drive the currency pair below the 110.58 July 26 swing low while bulls want a resumption of the bull trend; they should ideally retake 111.45 August 8 high. 

USD/JPY 15-minute chart

USD/JPY daily chart

Spot rate:                 110.92
Relative change:      -0.06%     
High:                        111.20
Low:                         110.70

Trend:                       Bullish / Bearish pullback above 110.58 July 26 swing low

Resistance 1:  111.02-111.16 area, figure and current August 6 low
Resistance 2:  111.45 August 8 high
Resistance 3:  111.54-111.64 area, August 6, high and supply/demand level
Resistance 4:  111.82-112.00 area, supply level and figure
Resistance 5:  112.19-112.40 area, July 11 high and intraday swing low 
Resistance 6:  112.64 July 12 high
Resistance 7:  113.18, 2018 high
Resistance 8:  113.26-113.38, 200-weekly simple moving average and January 8 high
Resistance 9:  114.45 October 27, 2017 high 

Support 1:    110.90 June 15 swing high
Support 2:    110.75, July 23 low
Support 3:    110.58 July 26 swing low
Support 4:    110.27 July 4 low