• Flat after touching 129.54 early, closed -0.8% on Fed led USD selloff

• Japan remain on holiday, so the USD, risk appetite and UST yields lead

• Asian markets open cautiously after the risk surge in NY - E-mini S&P -0.2%

• Despite dip and bearish outside day, Kijun and Tenkan lines are horizontal

• At this point dip looks like a healthy shakeout as primary uptrend remains

• Close below 126.26 Kijun line needed to end the topside bias

• NY 128.62 low then 126.96 base on April 27th are initial supports

• Asian 129.54 high then 130.37 NY high are first resistance

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