USDJPY Testing the Range Bottom
2012
Through out the week the USDJPY has managed to crawl lower to test the bottom of its current range between 81/80.60 and 79.50/79.25. The move appears to be related to safe haven flows due to the fiscal Cliff issues facing the USA. A break of the bottom of the range could open the pair up to a move towards 78.90.
Sup 79.50/25
Res 80.60/81
Keane Plan....Price action will tell the story in the support zone between 79.40/25
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