• Bears looking to fade USD/JPY rebound now have a decent spot to do so

• Main down TL from March will be at 104 on Tues vs today's 103.935 EBS high

• Even a stop above last week's 104.08 high offers a tiny risk on a short

• Large and falling cloud cover further darkens the topside price outlook

• Supports, potential targets start with 103.50 kijun & Friday's 103.49 low

• The bigger pivot point is Jan. 21's 103.33 lows and pending ABC base

• Below there is support by 103, then the 102.595 trend low

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