USDJPY - Long - 2nd Attempt at Breakout Above Key Resistance

We still see USDJPY having significant upside potential despite it struggling to breakout and consolidate through the resistance level at 108.528 on the 2nd attempt. This is on the back of more positive investor sentiment as there appears more optimism that the US and China will agree some form of deal and in November. However, the ongoing uncertainty surrounding Brexit could lead downward pressure on prices but a breach of 108.528 could lead to the currency pair moving back up towards 112.