USDJPY MovingTowards The Bottom Of The Range

The USDJPY is heading towards solid daily support at 78.  The pair has traded in a narrow range over the last three-week.  78. has been support and .7860 is resistance.  The pair has tested the extremes of the range on multiple occasions.  Playing the bottom of the range for pops higher eliminates intervention risks.

Sup       78

Res       78.60

Keane Plan:  Playing the range until it breaks

 

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