Keane Plan….Looking for a move back towards .81
So far this week the USDJPY has been held up by support at 81.85. A break or hold of this level will be key for the remainder of the week. A break exposes support between 81 and 80.60. A hold and the cross could once again look for resistance at 83.20. I would favor a move back towards 81 to go long against. If Fiscal Cliff concerns persist the JPY pairs could go much lower as a safe heaven play.
Sup 81.85 81/80.60
Res 83.20
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