BUZZ-USD/JPY trading heavy, 153.72/79 double bottom to hold?
USD/JPY heavy, off to 153.79 overnight, double bottom with 153.72 Monday low
Asia so far today 154.07-51, into 153.37-154.49 daily Ichimoku cloud
Resistance in place at 154.94 55-DMA, 155.00 could be new cap
Descending 55/100/200-HMAs 154.92/155.06/155.49, hourly cloud 155.09-32 too
Break below double bottom targets daily cloud base, 153.33 low December 18
Option expiries today 154.00 $795 mln, 154.75 $850 mln, 155.00 $1.4 bln
More expiries above between 155.35-50 total $1.3 bln, to help cap spot
US yields soggier still, JGB yields on firm side, also support lower USD/JPY
Related comments nL2N3OQ0U7, nL2N3OQ0BE, nL2N3OQ0AP, nL2N3OQ0A3
And nL2N3OQ02C, also nL2N3OQ13V, on the BOJ nL2N3OO013, nL3N3OQ0DI
US markets nL2N3OQ15X, nL2N3OQ1AJ, nL2N3OQ16W, nL3N3OQ13L
And nL3N3OJ1FN, nL2N3OQ021, on US data nL2N3OQ0KO
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