The USD/JPY pair broke higher during the day again on Thursday but quite frankly we have gotten so parabolic that the market looks as if it needs to take a little bit of a rest. Because of this, the market enough forming a shooting star, and that of course is a very negative sign regardless though we have absolutely no interest in selling this market, because it is far too strong. We will simply look at this as an opportunity to buy the USD/JPY at lower levels given enough time, and will of course by the next supportive candle that we see.
