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- USD/JPY clears barriers at 124.50; much larger RKOs at 125 are now being spied
- Risk of Japan MOF or Econ Min rebuking a too-fast yen fall rises above 125
- 161.8% Fibos at 124.90/125.17 from Mar & '14 low bases add to 125's import
- Without QQE3, a sustained 125 breakout will need help from firming US data & yields
- Speed of yen slide also a key consideration & whether it's yen-centric or USD
