* USD/JPY yanked down from 107.92 EBS high to 107.41 by USD's dive
* Risk pendulum swings on again as markets bet worst of pandemic news is in
* Counting on reopenings, monetary, fiscal stimulus and COVID-19 fixes
* PBOC, ECB, BOJ and Fed all seen ready to provide more relief
* Market attention taken away of U.S., China, Hong Kong issues for now
* Daily tenkan at 107.43 pivotal on close, but kijun key at 107.035 EBS
* Sharp drop in London trading breaks 200-HMA prop, but now oversold
* Topside capped near 108, particularly repeated highs and Fibo at 108.08
* Haven yen a better sell against other currencies as S&Ps clear 200-DMA
(Randolph Donney is a Reuters market analyst. The views expressed are his own.) ((Randolph.Donney@ThomsonReuters.com))
