• USD/JPY recovery met fresh selling by 134.50 Dec highs (134.58 EBS hi)

• That was a touted sell zone as USD/JPY recovered higher Thursday

• Mild setback holds above 21-dma 133.95 as USD gains stall elsewhere, too

• Market now awaits key U.S. jobs data for further directional clues

• USD likely needs a big data beat to fuel more n-term demand vs JPY

• 23.6% Fibo 151.94-129.51 drop 134.80 a hurdle - break opens 200-dma 136.48

• Options on high alert for more USD/JPY volatility nL1N33R0IL

  
  

  
  

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