• USD/JPY leaps as high as 158.38 in a post-NFP relief rally

• Rebounds off a solidifying 23.6% Fibo support at 157.22

• Could soon test 158.50 ceiling of Bollinger downtrend channel

• Mon close above that resistance will nullify bearish bias

• Would inspire USD bulls to push to Ichimoku cloud at 158.92

• US yields tad heavy though, despite oil prices firming up +0.5%
JPY


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)