The USD bulls fought back control in the Asian trades, providing extra legs to the rebound in USD/JPY back above 107 handle.USD/JPY rises to 5-DMA near 117.25The dollar-yen pair keeps its recovery mode intact from five-month lows and now gradually pushes higher, as the Asian markets stabilize after initial sell-off, curbing the safe-haven demand for the Japanese currency. At the time of writing, USD/JPY trades 0.07% at 107.16, while the Nikkei drops -0.49% to 16,586, moving-off 16,522 lows.Moreover, a minor pullback staged by the US treasury yields also added to the upbeat sentiment around the buck. The USD index gains 0.12% to trade around 94.20 handle, extending recovery from 93.43 – multi-week lows.Attention now shifts towards the US prelim consumer sentiment data due to be reported in the NA session ahead of next week’s Fed and BOJ policy decisions. While a spate of Chinese macro releases due this weekend may have significant impact on the risk sensitive yen markets.USD/JPY Technical levels to watchIn terms of technicals , the immediate resistance is located at 107.25 (5-DMA). A break above the last, the major could test 107.78/85 (daily R2/ 10-DMA). While to the downside, the immediate support is seen at 106.50 (psychological levels) and below that at 106.25 (Monthly Low).