I am going long on the pair,as it is consollidating around the 61.8% of the fib retracement. It also made 3 touches on the trendline and could not make a 4th as the support on the trendline is too strong. My first target is around 114.600 , I then expect a retest on the resistance if it breaks it. From there on forward I believe USDJPY will shoot for the stars.