• USD/JPY drops back below 150 on lower Trsy yields, position-squaring

• Pair slid from 150.95 day's high to 149.55 EBS low in active turnover

• 2-week option skews over tariff deadline, Japan year-end widen

• Keeps slight bullish bias due to series of higher daily lows

• Capped by daily Bolli, wkly cloud top and Feb 7 low near 151

• Resist: 150.93-95 Feb 7 low and day's high, 151.30 Mar high

• Supp: 149.94 March 18 high; 149.36-66 9-day EMA, Mar 21 high

• Services PPI for Feb. is slated for Wednesday release
Yen

(Robert Fullem is a Reuters market analyst. The views expressed are his own.)