• USD/JPY continuing ratchet down in Asia afternoon trading

• Through initial support around 145.00 and to 144.58 EBS

• Some spec buy-backs from lows but bias still to the downside

• 144.55 trough last Friday next key near-term support

• Break projects test of 144.00 and then 143.50 low on Oct 2 '24

• Nearby option expiries today 143.55 $1.4 bln, 144.00 $500 mln

• Also 145.00 $777 mln, 145.70 $350 mln and 146.00 $675 mln

• Sales on moves above the hourly Ichimoku tenkan line profitable

• Could remain the case in the very short-run, tenkan now at 145.53

• Related comments , , also

• And , , for more click on [FXBUZ]

USD/JPY hourly:

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