Thur's scramble for safety amid hard landing concerns affirms USD/JPY sells

Dive to 127.535 so far holds weekly ATR prop, daily kijun at 127.41 on EBS

Much bigger haven yen gains vs EUR, AUD & GBP as USD also sought for safety

First daily on-close sell signal since Mar 4 was confirmed with Wed's close

And the up TL from the Mar 31 low, also by 130, was broken well below

Dive in Treasury yields not followed by JGBs due to BOJ YCC, adds weight

Key supports are by 127 and 125 should derisking persist nL2N2X41RT

Last week's 128.62 low is Friday's key weekly-on-close pivot point

Widest 10-wk BB spreads since 2016 are contracting for 1st time since March

Points to at least drop to 10-WMA by 125 as overdue correction ensues

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