USDJPY Consolidation is Still the Game
2012
After its rapid advance from 79.50 the USDJPY has been consolidating its recent gains. Resistance now begins at 83.20. Support begins at 81.85, A break of this level would open the pairs up to a nice test of strong daily support between 80.60/81. Buyers could emerge around these level.
Sup 81.85 81/80.60
Res 83.20
Keane Plan....Would like to see a pullback towards 81. to consider going long into.
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