USD/JPY is easing in thin afternoon trade, pulling back toward 94.21 where it should find support from the 38.2% retracement of the 93.4/94.71 rally.

USD/JPY got a boost from a 13 bp rise in US long-term interest rates after the NAR reported a 7.2% rise in esisting home sales this morning.

Additional support on dips is seen at 94.05/10, the top of the overnight range before the hosuing data.