The USD/JPY pair fell during the course of the day on Wednesday, falling behind the 105 level again. With that being the case, the market looks like it’s ready to pull back a little bit and look for some support. The first supportive candle we get however, we would be buyers as we feel this market will ultimately go higher. With that, we are buyers only, and thereby sitting on the sidelines and waiting for the right signal to start going long of this market yet again as we do believe the longer-term uptrend should come into play.
