- USD/JPY nasty intraday slide broke 200-HMA, hourly Cloud & Mon's 123.86 low
- Oversold hourly rebound since after tiny break of hourly up TrendLine from May 27 at 123.86
- No major trend damage unless 23.6% Fibo & May 28 low at 123.50 break
- Failed & overbought 125 breakout overnight leaves some longs scared, fading rallies to exit
- Derisking across key asset classes today favors an overdue JPY rebound






