The USD/JPY pair broke higher during the course of the day, but still remains within the consolidation area of that we have been in for some time. With that, we believe that the market still continues look bullish overall, but really at this point time seems to be taking a bit of a break. Ultimately, we believe the market is going to reach for the 120 level, and then the 122 handle. Above there, we should head to the hundred and 25 level, and we believe the pullbacks will continue to be buying opportunities.
