Moves decimal point in line 1

• USD/JPY inside day range 134.55-135.06 Wed vs 134.15-135.23 Tues

• 135.23 new hi since 20 Dec 130.58-137.46 spike, maybe more upside potential

• Daily cloud top 1.3703, falling 100-dma 137.37 eyes 200-dma 137.02

• Supports below Tue 134.15 low 16/15 Feb lows 133.60/132.55 and 55-dma 132.26

• Dealers say some shorts pared but many still in play, volumes light by 135.0

• Traders wary of Friday's Jpn CPI and comments from new BoJ Gov and deputies

• Option vols underpinned and retain a strong downside strike premium

  
  

  
  

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