THE USDJPY has been drifting in a very shallow range for the majority of the week.  The pair drifted up and tested the bottom of past trend line support now resistance at 78.77 and has reversed its path.  I would expect the pair to bounce around in this narrow range heading into the Jackson Hole.

Sup  78.50

Res  78.80

Keane Plan….Could play the range but the RR is limited.

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