USD/JPY's recent "bull trap" above 200-DMA, continues to weigh

A bull trap is set when a market breaks above a level but then reverses

A "cloud twist" circa 132.50 at the end of March could act as a magnet

Only a close above 200-DMA needed to negate bull trap, allay downside fears

USD/JPY Trader TGM2336. Previous update nL1N35H0N8

EUR/JPY range has been 143.90-144.96, on Friday, so far on the EBS