The USD/JPY pair went back and forth during the session on Tuesday, as we continue to meander below the 120 level. However, we think that short-term pullbacks will continue to be buying opportunities. This is a market that should continue to go higher given enough time and as a result we have no interest in selling. At the moment though, this looks more or less like dead money, meaning that there will be easier ways to make profits in the Forex markets than what we see currently being offered in the USD/JPY pair.
