The USDJPY has been trading in a narrowing range over the lat few days. It appears to be in a triangle on the 1 hr chart and could be ready to break out. the top of the triangle is at 79.50 and the bottom is around 79.35. A break to the top or bottom could lead to a test of either resistance at 80.15 or support at 79.
Sup 79.35 79
Res 79.55 80.15
Plan: Follow the triangle break looking for a run to either support or resistance