The USDJPY continues to ride trend line resistance lower.  The next hurdle for the pair is support at .78.  as long as the pair remains below trend line resistance the path of least resistance is lower.  The pair could remain under pressure as long as risk aversion grasps the market.  10 year US treasury yields once again broke towards record low on Tuesday.

Res    78.25

Sup    78

Plan:  As long as the pair remains below the trend line the path of least resistance is lower.

For access to Keane Insight’s and current trade stream http://wp.me/P2pFeJ-1IT  .

First week is free.    To follow on twitter look for THE KEANE @chrisfkeane