• USD/JPY recovers toward our 132.15 offer situated by the daily cloud base

• That base and 50% of this week's 133.75-130.64 drop are at 132.16/20 on EBS

• The weekly cloud base rises to 132.24 next week to add more weight

• A weekly cloud break would be the first since 2021 and very bearish

• 2023's lows and 50% of 2021-22's uptrend at 127.215/27 eyed below the cloud

For more click on FXBUZ