The USD/JPY pair fell slightly during the session on Friday, but with the Americans away for the Independence Day holiday, we feel that this market should continue to find buyers eventually and the slightly negative candle for the Friday session would be a bit difficult to take too much information out of. Ultimately, we believe that this market will head back the 103 level, and then ultimately break above there. However, in the meantime prefer buying dips and taking short gains as this market continues to chop around back and forth, possibly even for the length of the summer.
