The talk in NY on Friday night was that China was buying dips in USD/JPY and was seen near 76.80 and again near 76.50. The amounts cannot have been huge as there was no sustained bounce, yet at least. Looks like a fairly cheap trade for the bulls out there to buy with a tight stop-loss below 76.50. Or bears can look to sell intraday rallies if that 76.50 hourly supportb level gives way.