The USD/JPY pair initially tried to rally during the course of the session on Friday, but turned back around to fall the way down to the hundred and 20 level. That being the case, the market looks as if it is going to try to find support in this general vicinity, so having said that we are more than willing to buy supportive candles in this area but do not have them yet. We believe that the Bank of Japan will continue to work against the value of the Yen, so it’s only a matter of time before we bounce.
