• Rebound off rising 30-DMA & May 4's low ekes out new high

• May 4 nadir at 133.50 was by April 28's huge 133.36-6.56 range base on EBS

• Prices now nearing the daily tenkan at 135.49

• Rising 200-HMA has been slowing the rise this week

• While hourly cloud and 100-HMA have supported it

• The May, March and mid-December highs at 137.78/90/8.18 loom above

• Dip-buying bias persists with no closes below the 21-DMA, 134.53 last

• The kijun & rising 30-DMA at 133.88/134 on Wed are key on-close pivot pts

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