The USDJPY continued its push higher after breaking above the descending TL last Tuesday. In Asian trading the cross broke above strong daily support at 79.65. The pair is now firmly above the 200 day MVA at 79.40. As long as the pair remains above this level a push higher is favored. resistance begins around the 80 level followed by 80.60.
Res 80 80.60
Keane Plan....Looking for a pullback to the 200 Day MVA around 79.40
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