The USD/JPY pair fell during the course of the session on Tuesday, but finds the 102 level supportive yet again. That area has been supportive time and time again, and as a result we are looking for a supportive candle to get involved to the upside. We believe that the market will head to the 103 level, but that area should be resistive as well. Short-term traders might be able to make profits buying this market, but until we get above the 103 level we are hesitant to hold on to the positions for any real length of time.
