• USD/JPY finding it heavy on 152, 152.22 late Asia yesterday, 152.13 in NY

• Asia 151.84-152.10 EBS, in 151.61-152.18 descending hourly Ichimoku cloud

• Cloud top, 152.37/40 200/100-HMAs, 152.66 200-DMA tech resistance above

• Support from 151.20-25 double bottom - 151.23 low yesterday, 151.20 Feb 10

• More support below between 150.90-151.00, 150.93 low February 7

• Stops eyed sub-151.20, 151.00 and 150.90

• Option expiries today 150.50 $609 mln, 151.45-55 $1.1 bln, 152.00 $1.5 bln

• Also 152.50 $924 mln, both upside and downside seen contained by these

• US yields on firm side after recent falls but JGB yields too

• Interest rate differentials off recent lows but remain heavy

• Related comments , , ,

• And , , also , on the Fed

• US markets , , ,

• On US economic data , ,
USD/JPY:


USD/JPY nearby option expiries this week:


JGB-US Treasury 2-year interest rate differential:

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