The USD/JPY pair fell during the course of the session on Friday, closing just below the 101.50 level. With that, it appears that the market is probably going to test the support area just below, and we will be looking for some type of supportive candle in order to go along for the short-term trade. We don’t think of that the market will break down here, simply because we have been so sideways for so long. Until we are told otherwise, we have to believe that this market simply stays in this consolidation area.
