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• USD/JPY demand looks to have dried up following the Gotobi Tokyo fix
• Japanese importer buys took it up to 158.60 but no further
• Japanese exporters in wait at eye, with others hit bids thereafter
• To 158.06 EBS in Asia PM trading, tracks away from 200-DMA, Ichi cloud top
• 200-DMA up at 158.57, heavy from area, Ichimoku cloud 156.28-158.44
• Below 200 and 100-HMAs now, at 158.21 and 158.15, respectively
• Towards ascending hourly Ichimoku cloud now between 157.94-96
• Related comment , also ,
USD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)