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USDJPY Testing Resistance, Potential Breakout!

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ICmarkets Broker  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns USDJPY USD jpy usdjpylong aud CAD EUR GBP
71
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trendanalysis harmonicpatterns chartpattern usdjpy usd jpy usdjpylong aud cad eur gbp
USDJPY is testing its resistance at 112.64 (100% Fibonacci extension, 38.2% & 78.6% Fibonacci retracement, horizontal swing high resistance) where if broken, could rise to its next resistance at 112.90 (61.8% extension, horizontal swing high resistance)
RSI (55) has broken out of its descending resistance line.
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