• USD/JPY off from 158.75 EBS high yesterday, Asia 158.64 to 158.19

• Into daily Ichimoku cloud between 158.44-64, below 158.56 200-DMA

• Holding for now above 157.97-158.23 ascending hourly Ichimoku cloud

• Ascending 100-HMA in cloud at 158.10

• In area of flattening 100-HMA currently at 158.26, pivot for now?

• $1.3 bln in option expiries at 158.00 also supportive

• Japanese exporter good sellers early Asia, market seen heavy pre-159

• Market could be on hold till US re-open, moves in US yields

• Geopolitical concerns, high oil prices still seen USD supportive

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

USD/JPY hourly:

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