The USD/JPY pair fell during the course of the session on Monday, as we continue to meander around the 117.50 level. With that being the case, the market looks as if it could find support in this area but even if we fell from here we would more than likely find a significant amount of support near the 115 level as it is the “floor” in this market. Sooner or later, we are going to go much higher as this is a “buy-and-hold” type of market. Ultimately, we have no interest whatsoever in selling.
