The AP reports that a power line that could help control the situation at the Fukushima power facility is nearly ready. Emergency workers are returning to the plant, according to the report.
Equities have rebounded sharply and so has USD/JPY. USD/JPY is now at 80.20 on short-covering.
Expect 80.50/70 to be a very difficult level to overcome on rebounds.
Updated with link to AP story.
