The USD/JPY pair fell during most of the session on Tuesday, but found enough support near the 118.50 level to turn things back around and form a little bit of a hammer. That being the case, it looks as if we are ready to go higher from here, and as a result we are buyers above the top of the candle. We have no interest in selling this pair anyway, simply because it has been so strong for so long. With that, we are bullish and have no scenario in which we sell.
