The USD/JPY pair initially tried to rally during the course of the day on Thursday, but turned back around to form a shooting star. The shooting star suggests to us that the market is going to pull back, and quite frankly we look at that as value in the US dollar. We believe that the 115 level below should be massively supportive, so therefore we are looking for supportive candles below in order to go long of this pair as we believe that the market is in a longer-term uptrend. Ultimately, we cannot sell.
