USD/JPY is giving back some of its overnight gains, eying some support at the 82.34 level. We had an hourly low there earlier in the day and that spot is also the 38.2% retracement of the 81.68/82.75 rally.
In the bigger picture, a move below the 81.68 level would trigger a double top pattern after repeated stalls in the 82.75/77 area.
