USD/JPY rose 0.5% and could test hurdles in the 155.00-50 range
Prices trying to post a close above the 21-DMA at 154.63 on Tuesday
Rebound fueled by 2nd chance to buy 152 breakout after weak NFP, ISM Friday
The 38.2% & 50% Fibos of last week's 160.245-151.86 dive are at 155.06/6.05
The 10-DMA and kijun are at 155.33/53, and the tenkan is at 156.05 on EBS
The bulk of this & next week's upper option expiries are at 155.00-50
Longs taking on risk of more suspected MoF yen buying, but BoJ still in QE
Key from here are US CPI and retail sales on May 15, bullish contrast key
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