• USD/JPY bobs up to 158.15 after probing 21 DMA support 158.05

• A Wed close below 55 DMA 157.79 would be conclusively bearish

• Momentum to increase if Bollinger downtrend channel 157.60 engaged

• BOJ deputy gov says conditions remain loose despite hike

• Fuels expectations for another tightening, but likely in Dec

• Nikkei +1.1% despite oil prices inching up again; Brent +1.5%
JPY

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