USD/CAD Technical Analysis: dollar's correction, bulls look to trend line resistance breakout towards 109.80

• H&S signal lost steam in initial test to the downside low at 108.34.
• Dollar's correction: Bulls are targetting a break of the 21&200-4hr SMA having crossed over the deceneidng trend line resistance. 
• 109.80 recovery target in vicinity of the 100-D SMA.

USD/JPY intraday 240min (4hr) chart.

Spot rate:                 109.04
Relative change:    +0.25%     
High:                         109.09
Low:                          108.34

Trend:                       Bullish short term correction and targets breakout of trend line resistance. Bears still in play below 109.72/80 20-D SMA/100 4hr SMA

Support 1:               108.09 S1-1D
Support 3:               107.41 S2-1D
Support 4:               106.71 S3-1D

Resistance 1:         109.10 21-4hr SMA/trend line resistance
Resistance 2:         109.46 R1-1D
Resistance 3:         109.80 20-D SMA/100 4hr SMA