• USD/JPY bouncing into Europe/London on Japanese importer buys, short-covers

• Seems many players saw today's plunge as a buying opportunity

• Given risk-off mood, heavy position adjustments into the weekend

• Also ahead of the multitude of central bank policy announcements next week

• USD/JPY from a spike low of 142.80 early Asia to 143.88 EBS

• Further moves higher may be difficult on $1.6 bln option expiries at 144.00

• Option expiries into Monday's 145.00 $7.4 bln look to continue to weigh

• Tech resistance from gradually ascending 200-HMA at 143.99

• Related comment , also , for more click on [FXBUZ]

USD/JPY hourly:

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