• USD/JPY skewed lower after key downside break on Wed

• Ended below Ichimoku cloud base, confirming a sell signal

• Also closed below 100 and 200 DMA which converge near 152.80

• Bearish technical bias will attract more sellers toward 150

• US yields fell as Besset said Trump wants lower rates

• Market may be betting that Trump will pressure Fed to cut
JPY:

(Ewen Chew is a Reuters market analyst. The views expressed are his own.)