The USD/JPY pair initially tried to rally during the course of the day on Friday, but found the 120 level to be a bit too resistive to keep going higher. With that being the case, we ended up turning back around in forming a negative candle. However, we think that this market is still very positive, and as a result are buying supportive candles below. We have no interest whatsoever in selling this marketplace and we believe that eventually the buyers will come in and push as much higher. Ultimately though, we have to be patient enough to find a supportive candle.
