USD/JPY slightly lower from NY close - as JPY firm on crosses

AUD/JPY down around 0.35% early Asia as investors cautious ahead of FOMC

Muted reaction to a glum Tankan survey as mood of big manufacturers worsened nT9N32300V

Tankan non-manufacturing was strong and rose of third straight quarter nT9N32300V

USD/JPY completed a bearish outside day Tuesday - after falling on US CPI nL1N3331LO

Price action drawn to the 200-day MA, which is at 135.37 today

Resistance is at 21-day MA at 138.03 - which has held since early November

USD/JPY likely to consolidate ahead of FOMC decsiion later today

Key will be reaction in US Treasury yields, as USD/JPY sensitive to those moves

For more click on FXBUZ