The USD/JPY pair went back on forth on Friday, but ultimately couldn’t make up its mind. The market sees plenty of support at the 101.25 level, and as a result it doesn’t surprise us that the market except still. With that, we feel that the market is going to go higher, and a break above the highs should send this market to the 102.50 level, and then possibly the 103 level. I other hand, if we break down below the 101.25 level, we will more than likely fall to the 100 level.
