USDJPY Bumped Into the June Highs
05
Nov
2012
2012
The USDJPY is consolidating between two strong support and resistance zones. The pair could drift sideways between these levels for some time. Resistance begins at the June highs at 80.60 and followed by daily price resistance at 81. Support is created by daily lows from three days last week at 79.50 and the spike low from last week at 79.25. This range could play for the majority of the week.
Sup 79.50/25
Res 81/80.60
Keane Plan....Looking to play the range.
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