The USD/JPY pair fell during most of the session on Wednesday, but found support near the 102 handle. With that, it appears this market is ready to find buyers every time it falls, something that we have been saying for a while now anyway. The uptrend line below should keep this market somewhat solid, and as a result we look for supportive candles in order to start going long as we believe the market will target 103, 104, and then eventually 105. A move above the 105 level should be rather bullish, as it could send this market as high as 110 given enough time. Selling is not even a thought at this moment.
