USD/JPY off a bit o/n on lower US yields and changed correlation to risk.

JPY more prone to be bought against USD during bouts of risk-off.

Risk not really off currently but certainly not on.

Consolidation currently below Ichimoku cloud, base at 78.99 today, rising.

Topside helped capped by ascending 200-day MA at 79.05.

Support-bids still down to 78.50 but stops building below, Monday low 78.69.