• USD/JPY breached well touted big 140 option barriers for 140.23 late Thurs

• Had already breached major resistance at 139.58, 50% Fibo of 151.94-127.22

• A much clearer path now to next major resistance at 142.49 - 61.8% Fibo

• Recent rhetoric from BoJ suggests JPY bulls may be disappointed in June

• Recent poll suggests 75% of analysts think BoJ will keep YCC until 2024

• USD/JPY buyers who missed the boat stepped up to 139.50 (Fri setback low)

• $1-billion 140.00 strike expiry at 10-am New York could prove a s-term draw

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