The USDJPY has punched higher over the last two days after the political maneuvering in the Japan has led to a possible dissolution of the House of Representatives.  This measure would lead to elections that could introduce a new leadership that favors measures that could result in a weaker yen.  

From a technical standpoint the pair is now once again resting about mid range.  The cross has traveled in a narrow range over the last month.  The top of the range is between 80.60/.81 and the bottom is between 79.50/30.  Until the range breaks, The range is your friend.

Sup   79.50/30

Res   80.60/81

Keane Plan...Playing the range until it breaks.

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