• USD/JPY heaviness continues in Asia PM trading, today 143.25 to 142.49 EBS

• Yesterday's low of 142.61 pierced but 142.24 low Monday below

• Week's initial trading parameters set Friday with 142.05-144.60 range then

• Decisive break below 142.00 bearish, projects test of 141.65 low Sept 30 '24

• Maybe further towards Sept 16 '24 trough at 139.58

• Resistance on rallies from 142.87 hourly Ichimoku tenkan, kijun 142.99

• Hourly Ichimoku cloud and 100 and 200-HMAs above

• Related comment , also ,
USD/JPY hourly:

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