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USD/JPY bid in range after Nikkei closes up small

Thursday, March 5, 2015 6:23 AM UTC

Nikkei closes session up 48.24 pts, 0.26% at 18,751.84.
Offshore and Japanese investors look to buy dips.
USD/JPY bid more in afternoon, up from 119.62 early to 119.91.
Option expiries at 119.00 supported market.
Large 120.00 strikes to help limit pair's upside, $3.075 bln.
Bids from at 119.50, move down, some stops tipped below, offers 120.00+.

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USD/JPY bid in range after Nikkei closes up small

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