The USD/JPY pair went back and forth during the course of the session on Friday, but as you can see had a slightly negative result. With that being the case, the market looks as if it is trying to find a bit of support in this general vicinity, so we are waiting for supportive candle in order to go long. On the other hand, if we can break above the 119.50 level, we would be buyers there as well, as it would show the market breaking above the top of the past two sessions.
