- USD/JPY trims post-breakout gains, SPX & N225 futures starting to skid
- Key supports by London low & 38.2% projected at 122.48, stocks blowback
- Medium-Term 38.2% at 122.40 should hold
- 161.8 off May 22 base is at 123.62 as interim target pre '07 peak at 124.14
- Broad USD surge is a neg for US multinationals, feeds some yen haven buys






