• Chicago PMI miss hits USD, USD/JPY slips but dip limited to 123.80 so far
  
  
• Pair above 123.66 hourly up trendline support, that trendline will be reinforced by the hourly Cloud base at 123.61 this afternoon
  
  
• Treasury yields hit; Japan bids by 123.50; stops building below
  
  
• Nervous spec longs exiting on rallies above 124 ahead of the weekend