USD/JPY at about 5;17 this evening went to 123.940 probably the highest in the past 12 hours on the market, Well we would not necessary know the direction of the pair, But what e can deduce on this is that the USD is overpowering the Yen and, However our sentiment on this is we forsee a bullish trend against the Yen. Traders speculation a rise to about 124, Well from every indications it certainly would based on technical analysis. we do see a rise to 124.000 in the next 24 hours.
