• Yen's March implosion vs the USD, EUR and AUD spiked early

• USD/JPY's 125.105 EBS peak got closer to 2015's 125.86 high

• But the tiny follow-thru past 125 and pullback in Tsy ylds weighed

• Pullback so far holding by 50% Fibo of Fri-Mon rise at 123.14

• Prices well above last week's high & Mon's low at 122.44/00

• Rise so volatile it's forcing participants to play catch-up, buy dips

• That despite prices being incredibly overbought and now close to 2015's peak

• Pair is in midst of reversing its 1971-2011 post-float drop nL2N2VV0ZL

• EUR/JPY's 137.51 EBS peak Monday exactly matched its 2018 high

• Failure to clear that high brought a pullback to 135.31

• Mon's 134.04 low is by 2021's 134.12 high and now more pivotal

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