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USDJPY Testing Resistance, Potential Reversal!

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Dollar A.S. / Yen Jepang (FX:USDJPY)  
ICmarkets Broker  
FX:USDJPY   Dollar A.S. / Yen Jepang
Trend Analysis Harmonic Patterns Chart Patterns USDJPY USD jpy usdjpyshort EUR GBP aud
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trendanalysis harmonicpatterns chartpattern usdjpy usd jpy usdjpyshort eur gbp aud
USDJPY is testing its resistance at 112.22 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 111.28 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
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