Yen set to snap nine weeks of losses nL3N2X50VC

The USD/JPY chart could get even more negative nL2N2X50CA

A daily close under the 128.00 Fibo would weaken the outlook

128.00 Fibo is a 76.4% retrace of the recent 126.97-131.35 rise

USD/JPY has seen a 128.30-129.35 range, according to EBS prices

EUR/JPY's 30/60-day long correlations with USD/JPY well above +0.50

The two currency pairs close in the same direction more often than not