USD/JPY could not break below the support at 118.20, formed a doji candlestick on the daily filter chart and started climbing once again. I was expecting that something like this might happen and I did not close my long positions, despite the move to the downside. The next level of resistance is around 120. Once the pair reaches that level I will consider closing or keeping my positions open depending on its behaviour there because should USD/JPY break above that resistance I think the next long-term target is 125.