• USD/JPY up another small leg in Asia PM trading to 149.62, off some since

• Descending 100-HMA 149.65 and looks to continue to cap the market

• Wafer thin hourly Ichimoku cloud just above between 149.75-79

• US yields firm but looking toppish now, Treasury 2s @4.126%, 10s @4.326%

• More legs up in USD/JPY seen necessary for more USD/JPY upside

• Gravitational pull still from massive $1.3 bln option expiries 149.25-55

• More above including 149.75-80 $873 mln, massive 150.00-05 $2.1 bln

• Related comments , , also
USD/JPY hourly:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)