USDJPY surged through a series of strong barriers; 2020 high comes in focus

The pair surged through a cluster of daily MA’s (200/30/55/100) and probed above 110 level in Thursday’s 1.5% advance, as strong demand for dollar keeps near-term bulls firmly in play.
Eventual close above 200DMA (108.24) which limited the action in past few sessions, is needed to generate significant bullish signal, which would be verified on close above psychological 110 barrier.
This would open way for test of 2020 high at 112.22 (20 Feb) and the highest of 2019 (112.40).
Broken Fibo barrier at 109.61 (76.4% of 112.22/101.18) offers initial support ahead of more significant converged 55/100DMA’s (108.85/89) and weekly cloud top (109.49).

Res: 110.00; 110.18; 110.70; 111.04
Sup: 109.61; 108.85; 108.24; 108.00