The USD/JPY pair rose during the session on Monday, using the 102 level as a springboard of support. This market continues to be positive overall, but we have suffered a relatively significant pullback recently. Quite frankly, we still believe in the uptrend in the validity of it in this market, and think that this pullback is simply been a buying opportunity that may just now be starting to show signs of going higher. With that, a break above the highs from the session on Monday is enough for us to start buying this market in small pieces again.
