USD/JPY is bouncing alongside the irrepressible US stock market.
- Bids at 102.00 are back but stops also building below 101.98.
- Strong demand at 101.50 with spotty levels of support above
- Offers are light ahead of 102.80
I would not a minor, inverted head and shoulders pattern on the short-term chart:
USDJPY 10 minute chart