• USD/JPY's overbought uptrend from March finally corrected this week

• Thur's drop toward kijun got RSIs midrange vs highest since 2001 in March

• Rebound's probed the daily tenkan at 129.44, but capped at Wed's 129.455 low

• Weekly on-close sell signal below 128.62 has been averted

• Dip-buying bias while above late April low near 127 and 23.6% Fibo at 126.90

• Close above Thur's 130.05 high would favor a retest of the 131.35 May peak

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