BUZZ-USD/JPY back to familiar range after early week swoon
USD/JPY bounced after swoon to 153.72 Monday, back in familiar range
Swoon likely an outlier, back to core 154.50-156.50/154.00-157.00 range
USD/JPY 155.44-63 EBS so far in Asia, quiet, much of Asia on holiday today
Support from 155.40/30 hourly tenkan/55-HMA, hourly Ichi cloud 154.76-155.15
55-DMA at 154.98, daily Ichi cloud 153.29-154.24 below to provide base
Resistance from descending 100/200-HMAs at 155.65/72, ahead of 156.00
Soggy US yields to help cap, Treasury 2s @4.190%, 10s @4.533%
Option expiries 154.75 $700 mln, 155.00 $1.8 bln, 155.80-156.00 $955 mln
Focus to remain on Trump policies, FOMC policy announcement/Powell tonight
Fed seen holding policy as is for now despite Trump pressure to ease
Related comments nL2N3OO0QS, nL2N3OO0CO, nL2N3OO097, nL2N3OO091
Also nL2N3OO0Y1, on Fed nL2N3ON0TA, nL6N3OA0GA, economy nL2N3OO0JK
US markets nL2N3OO0YQ, nL2N3OO11R, nL3N3OO107, nL2N3OO02B
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