USD/JPY up 0.38%, 133.60 EBS high by Dec. 2's 133.62 swing low
Rebounding Tsy-JGB yields spreads, oversold pressures lift
Despite BoJ's wider YCC on 10-yr JGBs, 2-yr JGB ylds are barely positive
That as 2-yr Tsy yields rebounded to 4.445% Tues to pre-Dec. 14 Fed levels
BoJ Gov Kuroda dismissed near-term policy changes nL1N33G032
But core-core CPI rise to 2.8% from 2.5% increases policy angst nL1N33D014
That as China opens up amid vast pandemic wave to save wobbling economy
Rebound may reach 10-DMA, tenkan and Dec. 14 low at 134.24/38/53
Dec. 14's 134.38 low was low after Fed's 50bp hike, before BoJ YCC dive
Dec's low reinforced by the 55-WMA and nearby lower Bolli bands
Will also have the rising weekly cloud top support in coming weeks
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