• USD/JPY rallies 0.25% in Asia as panic selling of USD/AXJ subsides

• Boosted by recovery in U.S. yields on signs economy not crumbling

• U.S. services sector expands, jobs growth stays resilient

• Fed may push back on rate expectations as inflation expectations rise

• Strong support at 143.50-60 holds, resistance 144.40-50, 144.90-145.00

• Asia range 143.56-144.075; Japanese markets closed Tuesday
JPY:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)