EUR-JPY attempts to stabilize just below 118.00 intraday but bullish short term factors include the 72-hour "inverse head & shoulders" on the hourly charts and daily candle chart "hammer" formation. Downticks to near 117.60 (hourly chart H&S neckline) will be considered minor corrective & an area for additional buying interest, ahead of further attempts on 118.35 at 38.2% of the sell-off from last week"s 119.18 high.