USDJPY Misses Out On The Fun

As the other majors squeezed higher against the dollar the USDJPY remained calm.  The pair basically started the day where it began slightly below 79.50.  The cross has found a bit of resistance around the 79.60 area and is now trying to gather its strength for another attempt higher.  A move back down towards 79.15 could produce another opportunity for buyers to enter the market looking for a push towards resistance at .80.  To reach .80 last weeks high at 79.65 will have to be broken first.

Sup   79.15

Res   79.65                       80

Keane Plan...Looking for a pullback towards 79.15

 

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