• USD/JPY recovers from intraweek lows below the tenkan at 130.49

• And set to close higher, keeping February's recovery intact

• But it's still below the 55-DMA, cloud base and 23.6% at 132.84/93/3.05

• Weekly tenkan and the on-close pivot point are at 132.70/88

• Those hurdles are also by Monday's 132.90 recovery high on EBS

• A close above those hurdles is key to extending the recovery

• The 38.2% Fibo of Oct-Jan's drop and 200-DMA then eyed at 136.66/83

• A daily range below the 21-DMA, last at 129.87, would mark recovery's end

For more click on FXBUZ