The USDJPY appears to be in a wedge.  The top of the wedge is at 78.80 and the bottom is down around 77.50.  Rumors and stories have been slipping out of Japan regarding possible intervention in the pair.  In the short-term shorting the pair could be a tricky bet. 

Keane Plan...Looking to buy near the bottom of the wedge.

Sup      77.50

Res      78.80

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