• USD/JPY pullback from 2023's 151.74 high dipped below tenkan and 150

• Prices are above daily & weekly on-close pivot pts at 149.52/8.82

• Those are the daily kijun and weekly tenkan

• Retreat from 151.74 came as 2022's 32-yr peak at 151.94 held

• Tuesday's rise was a rare 3-standard deviation rise

• A close above 152 needed to signal a further advance

• A close below the kijun puts the cloud top, now at 147.80, in play

For more click on FXBUZ