Very little pullback from yesterday’s highs in USD/JPY and option players are still noted buyers as they undergo major restructures. Technical resistance at 87.55/60 (61.8% of 94.90/75.60) should encourage some profit taking but overall the bull-trend seems to be in complete control.

(If an hourly high forms near 87.60 then I will try a quick contrarian short with a tight 40 pip stop).