• USD/JPY uptrend corrected almost to Wed's low before bouncing

• That bounce taking above the daily cloud top also closed above on Wed

• A close above the 61.8% Fibo of March's slide at 134.75 is awaited

• That after its was breached intraday on Wed

• A 134.75+ close would target the 76.4% Fibo and March 9 low at 135.95 on EBS

• The uptrend is also supported by the 50% Fibo and weekly tenkan at 133.77

• That support will be buttressed by the rising 10-day MA on Friday

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